Re; the current bullshit regarding the trillion dollars in bonds held by China. I've traded commodities for twenty years and have learned many a hard lesson, none harder than trying to figure out why the Chinese are long or short a market. They always try to manipulate prices with major buys of major commodities with no delivery intention. The "opinion" of their bond holdings has been that they need to shore up their currency with dollars if something happens. You simply CANNOT sell a trillion dollars worth of anything, ever, without depressing the value of that commodity. Why in hell would China do that? The only country that can quickly buy up that amount is the good old USA and we could do it in a nano-second. This is much ado about nothing started by the usual Bush bashing subjects.
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