Heard about this and went to confirm it. You will hear about this from main stream media but it will be too late. Their not going to want to bring this to the forefront and start a panic but China is talking about selling off two thirds of our debt to others countries so they can diversify their future interests. Sounds like selling off house mortgages and flushing away the debt here in the U.S.
Look for yourself: http://news.xinhuanet.com/english2010/china/2011-04/23/c_13842843.htm
Even the Huffington-Puffington post ran a mention in their paper: http://www.huffingtonpost.com/social/Changein2012/republicans-debt-ceiling-debt-limit_n_853009_85599329.html
They posted it in the social column, like that's going to get a lot of attention by the fashion crowd.
If you are holding cash and want to convert some to gold, silver or copper you may want to do it now. When the Chinese actually do this it will dump the dollar in the flusher. When will they do it? Who knows but the thing is they are talking about it like it's just another bad investment they made. Their prepared to take a loss and move on. They will have to do something soon because they have their own inflation problems and they need to fix their own mess: http://af.reuters.com/article/worldNews/idAFTRE73K2F120110421
It's one story but there are more about China's inflation problems. No one likes to hear stuff like this on Monday morning but I wanted to get the word out as soon as I heard it myself. As the dollar continues to go down, gold and silver and copper will continue to go up in value. This is not the way an economy that is strong is supposed to act. The main stream news people are not giving all the information. Be careful and prepare as best you can for what comes ahead. To find out the current value of gold or silver you can look here: http://www.goldline.com
Look for yourself: http://news.xinhuanet.com/english2010/china/2011-04/23/c_13842843.htm
Even the Huffington-Puffington post ran a mention in their paper: http://www.huffingtonpost.com/social/Changein2012/republicans-debt-ceiling-debt-limit_n_853009_85599329.html
They posted it in the social column, like that's going to get a lot of attention by the fashion crowd.
If you are holding cash and want to convert some to gold, silver or copper you may want to do it now. When the Chinese actually do this it will dump the dollar in the flusher. When will they do it? Who knows but the thing is they are talking about it like it's just another bad investment they made. Their prepared to take a loss and move on. They will have to do something soon because they have their own inflation problems and they need to fix their own mess: http://af.reuters.com/article/worldNews/idAFTRE73K2F120110421
It's one story but there are more about China's inflation problems. No one likes to hear stuff like this on Monday morning but I wanted to get the word out as soon as I heard it myself. As the dollar continues to go down, gold and silver and copper will continue to go up in value. This is not the way an economy that is strong is supposed to act. The main stream news people are not giving all the information. Be careful and prepare as best you can for what comes ahead. To find out the current value of gold or silver you can look here: http://www.goldline.com
Look on the right side of the page in a box that will display current market prices when the stock market is open from 9:00 - 4:00 EST