The Dollars Abyss - It's a SHAM WOW

[decoy409]

And this is why this is such a ineteresting post. The fiat debt ridden not that is being secured by a printing press. And when nobody wants to nuy up the used toilet paper, well your country wil do it for you and then ask you (well tell you and make you) to blow your nose on it. You know, pick up the tab. This is simply unsustainable.

[decoy409]

What in the world has ben and the press done. The chart in the article tallys the toll of astronomical and undeliverable. And as I spoke about just a short 2-3 weeks ago is as it reads.
Minding the FOREX as I do I have watched the 3rd strike on delay hold. And as far as things settling down in the Middle East, well that as I have said has been going on for eternity and as of now scores by the hundreds of thousands have now joined in and are vowing to the end, CHANGE.

Quote: Bank of India DROPS Dollar in trade with China - They now ONLY take the Chinese Yuan!

Bank of India becomes first to offer trade settlement in yuan - The Times of India

(excerpt) Indian buyers are at present making payments in US dollars, and they often have to convert rupee into the US currency for the purpose. The US dollars will no more be the intermediary currency as the BOI is offering direct settlement between the rupee and the Chinese money.

Chinese exporters want their money in the local currency, which is regarded as more stable compared to the US dollar. They are also in a position to have their way because Indian buyers do not have an alternative source of low-cost goods, sources said.
timesofindia.indiatimes.com/world/china/Bank-of-India-becomes-first-to-offer-trade-settlement-in-yuan/articleshow/7565143.cms#ixzz1F1F8hw5w

Somebody best work something out for the people (once again) UK way as the clock is ticking and there is only short weeks to go for those folks.

[Aman A.K.A. Ahamburger]

Bank of India DROPS Dollar in trade with China - They now ONLY take the Chinese Yuan!

Only the RMB, lies as usual!

What about this? How is this going to affect these places that are taking over?? I know, it's like this..

Mideast Mess Makes US More Attractive:
www.dailyfinance.com/story/investing/mideast-mess-make-us-markets-look-better/19858145/

Calm May Have Returned to Egypt, but Not American Tourists:
www.dailyfinance.com/rtn/press/calm-may-have-returned-to-egypt-but-not-american-tourists/rfid418339701/?channel=pf

Chinese Activists Continue Calls for Protests:
www.nytimes.com/2011/02/26/world/asia/26china.html

Thousands Protest High Food Prices in India:
www.voanews.com/english/news/asia/south/Thousands-Protest-High-Food-Prices-in-India-116740014.html

For someone to take you over they have to be able to take care of themselves....

[decoy409]

Ahamburger, next week when Central Banks make their moves on the board, we will have a broader sense as to what comes next.

[decoy409]

Interesting piece put out today, Quote: Feb.26,2011 True Cost Of The Wall Street Bailout PBS Video. Why that market hey. How much is Fantasy Island Land? Well spread sheets are coming in left and right as the Federal Goverment was sued you know to give them up.
Next we break down who got what and in turn we turn out the tale of the tape. That tail will show all of the insiders fine work for the past year here on Fanatasy Island. When one speaks with a crooked tounge and plays innocent it could not be more sick. But that's what you get when you have the bankrupt nation we have. Cover ups and Candyland for all professed.

I did say that this SHAM WoW and the players supporting it in could care less about anybody but their own selfish way. You most certainy can count on a revolt of magnitude in this country as cuts are coming in to induce and create such. And for what? Market Up! Profit Up! What Can We Profit from next? Well how about simply taking your kids piggy bank from them right now! Or your grandchildrens!

Anybody familiar with CDBG? Well it is about to be cut by the tune of 62.5%. U.S. Conference of Mayors are rallying to stop it from being cut.
You see we need the cuts in order to see that Wall Street does not go in the toilet and the day can be saved.
So take away the help for the elderly, the children, the job creation,etc.etc. Why that will certainly help. Don't take the bottle away from the baby (WALL STREET) though as the PBS Report shows.

While the salesmen play salesmen,

Proposed 62.5% cut to block grants would doom Vallejo programs, officials say

More than $1 million poured annually into Vallejo's quality-of-life, programming is endangered under the latest federal budget spending plan.

A stopgap spending bill for the last six months of the fiscal year calls for a 62.5 percent cut to the national Community Development Block Grant (CDBG) program.The grants fund everything locally from food programs to the city's only homeless shelter
www.contracostatimes.com/news/ci_17489198?nclick_check=1

The House version of the stimulus bill does indeed include about $1 billion in funding for the Community Development Block Grants (CDBG). This is a Nation Wide Program that is heavily accounted for and TRANSPARENT to the tee.

WALL STREETS BAILOUT (and everyday continuance of) took a court order. And the man that made it happed is now deceased right after doing so.

[decoy409]

What a shame, more countries are to follow India's lead! Too bad we sold out early in the game. But that's how it goes!

[vl]

Decoy

Can you explain this comment

Almost sounds like you are referring to a run on banks....

Thank you



Read more: notmsnmoney.proboards.com/index.cgi?board=moneytalk&action=display&thread=3573#ixzz1F6V8FVaN

You explained this incorrectly, Decoy. Gdgyva... first off, banks and credit unions now run the same way. The original objective was to invest capital and make yield profit. Housing ended that. If you examine the Bank Profitability Reports submitted to the FDIC, it is clearly obvious that shadow debt is mounting and at some point, the sheer cost of juggling it-- will take any and all capital. The FDIC has shifted garbage banks from one racketeering bank to another all this time. NONE have actually paid the tab for all of the bad lending, stockpiling, renovating, transaction costs, utilities, taxes and maintenance. Bernanke CANNOT keep pumping up the markets so banks can extract that newly printed money to remain afloat (that's your whole "bull" market"). When he stops, they have to pay the bill. Do you think banksters keep their money in their own banks (hahahahahaha)? Why should they when they can use YOURS! A reminder-- if the FDIC can't bail them and the government won't jail them, what keeps you thinking that banks will do the right thing with your [already spent] money.

If you think I'm kidding... I warned you MONTHS ago that your bank simply doesn't have enough cash to recompense all of the depositors. Hasn't for quite a while. Oh, and if your money is in one of those "insured" accounts, ask yourself where the insurer keeps that cash? Plain out... Decoy has been telling you about the dynamic structure of derivatives. They have grown immensely since Obama was installed and all the arbitrage against him has been smoke and mirrors to obscure the activity.

[frankq]

In all fairness Decoy, you need to disclose that your source is Toby Connor from Gold Scents, and his job is to push the sale of gold. I don't see anything in the link that speaks of the Bank of India or it's alleged dropping of the dollar either.

[decoy409]

Frank, I am just following things along as I do.
Recall this?

Quote: India, Iran mull over gold-for-oil for now
economictimes.indiatimes.com/news/news-by-industry/energy/oil-gas/india-iran-mull-over-gold-for-oil-for-now/articleshow/7238760.cms

And I don't understand? A gold site? This is 'THE TIMES OF INDIA' newspaper dated for Feb.24,2011

Quote:Bank of India becomes first to offer trade settlement in yuan

Read more: Bank of India becomes first to offer trade settlement in yuan - The Times of India
timesofindia.indiatimes.com/world/china/Bank-of-India-becomes-first-to-offer-trade-settlement-in-yuan/articleshow/7565143.cms#ixzz1F71zbHnY

Don't tell me you have not been following the show Frank? I said cartoons were over almost a year ago now.

There is a whole lot more to how we got to this stage as of late. Did you have to step out while the show was going? No fouls Frank, just asking.

[decoy409]

wxyz, Frank just read into it wrong so I can't say much there. But now he has the oppurtunity to read the paper as I brought it up for him.

Anyways, what are your thoughts on that latest move.

[decoy409]

So money is not a issue with you and it matters not that the dollar is no longer being used amongst these two. Which in turn a lot of dollars return home here to the state as the toilet paper they are. Which of course devalues the dollar further and we are on a three strike platform with 2 strikes in months ago already.
We are not discussing gold and silver here we are discussing the depletion of the dollar.

Quote: Bank of India becomes first to offer trade settlement in yuan - The Times of India

BEIJING: Bank of India has become the first Indian bank to offer trade settlement facility between the rupee and the Chinese RMB from Hong Kong. This follows intense persuasion by the China Banking Regulatory Commission, which is trying to gain acceptance of the RMB as an international currency.

"We are the first Indian bank to offer real-time settlement facility in RMB to Indian exporters and importers. It will be save a lot of time because settlement in US dollars usually takes three working days," Arun Kumar Arora, BoI's chief executive in Hong Kong, said during a recent visit to meeting regulators in Beijing.

Indian buyers are at present making payments in US dollars, and they often have to convert rupee into the US currency for the purpose. The US dollars will no more be the intermediary currency as the BOI is offering direct settlement between the rupee and the Chinese money.

Chinese exporters want their money in the local currency, which is regarded as more stable compared to the US dollar. They are also in a position to have their way because Indian buyers do not have an alternative source of low-cost goods, sources said.

The process has been facilitated by a recent memorandum of understanding signed between the Reserve Bank of India and the CBRC to enhance banking relationship between the two giant neighbors.

BoI has opened a RMB with the Bank of China, which will provide real time settlement with buyers and sellers across all provinces of China. The move is part of a campaign by the Hong Kong Monetary Authority, which has persuaded 100 foreign banks to enter into arrangements with Chinese banks for trade settlement in RMB.

"We will sell RMB against the US dollar, and companies can buy as much as they want provided they have the right papers. For individuals, the limit of 20,000 RMB a day," Arora said. He expects settlements for an amount ranging between 200 million and 300 million in the first year.

Hong Kong is the only offshore market for the Chinese currency. The past year saw $400 billion of Chinese yuan being traded in Hong Kong against other currencies.

BoI is also awaiting permission from Chinese regulators to establish a branch in Beijing, where it has been running a representative office for the past four years. It has recently signed an MoU with the CBRC on converting the representative office into a branch. The bank has been running a branch in the boom city of Shenzhen for the past four years. The Shenzhen branch will also be involved in providing additional support for the trade settlement business.


Read more: Bank of India becomes first to offer trade settlement in yuan - The Times of India timesofindia.indiatimes.com/world/china/Bank-of-India-becomes-first-to-offer-trade-settlement-in-yuan/articleshow/7565143.cms#ixzz1F7HvIQzf

timesofindia.indiatimes.com/world/china/Bank-of-India-becomes-first-to-offer-trade-settlement-in-yuan/articleshow/7565143.cms#ixzz1F7HbhkIN

[midwesterner (banned)]

Dollar's Haven Allure Slips on the Oil Patch

The dollar is looking more like a frayed hammock than a safety net.

The greenback typically appreciates when global markets are in "risk-off" mode. During the financial crisis, it surged roughly 24% against a basket of major currencies. It jumped about 10% during last spring's "flash crash" and European sovereign-debt crisis.

But the latest bout of market angst, spurred by revolutions and unrest in the Middle East and North Africa, hasn't prompted a similar rally. In fact, the opposite has occurred.

The main reason is that oil is the Achilles' heel of the U.S. economy. America's energy intensity has declined in recent years

Toronto-based broker Brockhouse Cooper reckons a spike in oil prices to $130 a barrel would lower U.S. industrial-production growth from roughly 5% annually to about 4%. It would cost consumers upwards of $100 billion this year, wiping out much of the boost from the payroll-tax cut, according to Capital Economics.

Such concerns have reduced already low odds the Federal Reserve will raise interest rates this year.

Whatever safe-haven allure the dollar has lost in this oil shock, currencies like the Swiss franc, Norwegian krone and Canadian dollar have gained. And it's no wonder: The latter two are big oil exporters, while all have higher interest rates and lower energy intensity than the U.S.

No wonder the franc scaled new heights Thursday. The dollar, meanwhile, may continue to stumble.

finance.yahoo.com/banking-budgeting/article/112195/dollars-haven-allure-slips-on-the-oil-patch?mod=bb-budgeting

[decoy409]

Mid, yes the dollar is hampered by what you have posted above. But 'loan time' is over and we are going to have even more dollars flooding the system while needing to pull out a big wad of them. And nobody is buying.
Don't want to get you going but Frank calls this NEWS from a gold site? Since when is 'The Times of India Newspaper' which is given above, a gold site?

Quote from the Newspaper article above: "We are the first Indian bank to offer real-time settlement facility in RMB to Indian exporters and importers. It will be save a lot of time because settlement in US dollars usually takes three working days," Arun Kumar Arora, BoI's chief executive in Hong Kong, said during a recent visit to meeting regulators in Beijing.

Indian buyers are at present making payments in US dollars, and they often have to convert rupee into the US currency for the purpose. The US dollars will no more be the intermediary currency as the BOI is offering direct settlement between the rupee and the Chinese money.

Chinese exporters want their money in the local currency, which is regarded as more stable compared to the US dollar. They are also in a position to have their way because Indian buyers do not have an alternative source of low-cost goods, sources said.

The process has been facilitated by a recent memorandum of understanding signed between the Reserve Bank of India and the CBRC to enhance banking relationship between the two giant neighbors.

[frankq]

"And I don't understand? A gold site? This is 'THE TIMES OF INDIA' newspaper dated for Feb.24,2011"

The source in your original post was a gold site, not "The Times of India".

NEW DELHI: India is determined to ensure steady crude oil supplies from Iran and is even considering settling payments with gold in the short term before the two countries agree on a mutually accepted currency and a bank to clear the transactions.

"We have written a letter to NIOC ( National Iranian Oil Company )) asking it to suggest a bank where US sanctions are not applicable," a government official involved in the matter said requesting anonymity.

Now this is from your "Bank of India" source. It seems that India gets a lot of oil from Iran. Unfortunately, there is an issue with "sanctions", and apparently, Iran isn't able/doesn't want to take dollars for oil. That is not the same as saying that India is dropping the dollar because the dollar sucks. The Chinese thing is another story altogether, but it's a little hard to compare yuan to dollars since the yuan isn't allowed to float freely on the market to my understanding. I'm not debating that India is doing what you say as much as I'm questioning the conclusions drawn here as far as the dollar is concerned.

[decoy409]

So the IMF has called for the 'revaluation' of the dollar. That revaluation is due to it's reckless abandonment of the rest of the world. As far as a continuing world wide trading currency it eventually will no longer be valued as it is. The IMF states if some countries would like to still trade the dollar for commodities they can but this will have to be a seperate pact amongst the two of them and in no way will the dollar for exchange be able to step outside of that exchange.

Next you can look to all the news that has been out up to this very point and time as to all of the various countries that have and are ready to drop the dollar as stated.
Here at home we will more than likely still the use the dollar for the time being, I know not how long of a time that is as of yet. But the dollar will take a serious hit here at home due to having to pay the debt and maintain ones living at the same time. Just call it eventual hyperinflation.

Meanwhile I have released a 'EXCLUSIVE' in today's DECOY POST and I urge people once again to pay attention.

V_L, in regards to your reply #37 in this post, that says a whole lot and I know you have many other things tied after you reviewed today's 'EXCLUSIVE.'

I find it very hard to believe what a lack of self conciousness there is amongst so many. Just how in the world and what in the world are so many lulled into believing and seeing when the signs have been all around them.
Why certainly I am not the only one that has been keeping track of SHAM WoW, but sometimes I do wonder on this board as well as the old MSN MT board.

I was geting a kick out of a old character from MSN MT as I was going through some notes. Many of you remember, 'ThinkThenAct' but it is this comment made from them back at MSN MT,

Quote: Stocks end flat after a big commodities...Decoy where are you? Where is your touting that Gold, Silver, and Oil are sure bets?1/25/2011

Well ThinkThenAct, you see 'NOW' they were sure bet's.

As well let me add these notes to this:

Quote: Feb.12,2011 Symbol of Wall Street to be Sold to Germany

While the right wing claims that American capitalism leads the planet, the New York Stock Exchange (NYSE) is about to be bought by new owners in Germany.

That’s right, long the symbol of the so-called “free promote,” the likely sale symbolizes that Wall Street is no longer the center of the financial universe.

As of February 9, a New York Times article predicts, “A merger would potentially let customers trade stocks in New York, options tied to those shares in Paris and derivatives linked to them in Frankfurt.”

The NYSE has long existing a favorite photo opportunity for US politicians and presidents, who would ring the well-known opening bell of the promote, symbolizing their support of the American “free enterprise system.”

But it looks like, in the near future, the financial transactions of the global elite will officially be disbursed more and more around the planet.

The right-wing nostalgia for the financial might of America that characterized the post-WWII generation is becoming increasingly exposed as a mirage.

The national boundaries of investment are being made ever more negligible by an international marketplace that owes no allegiance to any individual nation.

The NYSE, which was founded in 1792, will no longer be owned by Americans.

This single act won’t stop the Tea Party from sipping on its cup of delusions, but at some point the reality will set in.

America‘s financial destiny is inextricably intertwined with that of the planet.

[decoy409]

Frank, nice of you to acknowledge that you have read the NEWSPAPER article. I do alot of research and it simply was suppose to be the original article from THE TIMES OF INDIA newspaper that I meant for you to read to start.
HONG KONG as well as CHINA newspapers have also made it a official statement.

So how long before they break it to the commons back here?

[frankq]

I don't know how much to read into any of this. One issue is the continuing tug of war between China and the U.S. on valuations between the dollar and the Yuan. Surely politics plays into the situation and China's "playing" with the dollar. As far as the IMF, well that's hard to say, but I don't know how well the IMF would get along without U.S. participation, and to be fair, I haven't read anything related to the IMF statements regarding the dollar. And when it comes to backing currencies, well, how do we really know how much gold a country really has in reserve? Does every nation allow other nations to audit gold holdings? At some point, I think it becomes a matter of confidence in the individual governments that those governments will be around in the future. In the case of the U.S., we have a 240 year history of stability. Not many nations can say that, and I think that is what others purchase in the end more than anything else. I did find something though:

NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency.

"The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.

SDRs represent potential claims on the currencies of IMF members. They were created by the IMF in 1969 and can be converted into whatever currency a borrower requires at exchange rates based on a weighted basket of international currencies. The IMF typically lends countries funds denominated in SDRs

While they are not a tangible currency, some economists argue that SDRs could be used as a less volatile alternative to the U.S. dollar.

Dominique Strauss-Kahn, managing director of the IMF, acknowledged there are some "technical hurdles" involved with SDRs, but he believes they could help correct global imbalances and shore up the global financial system.

"Over time, there may also be a role for the SDR to contribute to a more stable international monetary system," he said.

The goal is to have a reserve asset for central banks that better reflects the global economy since the dollar is vulnerable to swings in the domestic economy and changes in U.S. policy.

In addition to serving as a reserve currency, the IMF also proposed creating SDR-denominated bonds, which could reduce central banks' dependence on U.S. Treasuries. The Fund also suggested that certain assets, such as oil and gold, which are traded in U.S. dollars, could be priced using SDRs.

Oil prices usually go up when the dollar depreciates. Supporters say using SDRs to price oil on the global market could help prevent spikes in energy prices that often occur when the dollar weakens significantly."

I don't know about the "reckless abandonment" part, but dollar fluctuations in world markets where prices for commodity contracts are determined months in advance could be a problem if the dollar drops or rises in relation to a particular country's currency before delivery of said commodities. In fairness, that can happen with any currency since currencies are traded and are speculated in just like stocks are. I can see where SDR's can offer the stability in international markets with such a wide range of economies and governments. It's interesting for sure.

[decoy409]

You leaders of SDR Baskets are as they are. You go talk to the IMF and you tell them they are wrong with their information. How does that sound.

The dollar has weakened significantly and I am not going to be errasing all day information and taking it from here and putting it there. Go see my Gold & Silver Post. And see my SUNDAY EXCLUSIVE in the DECOY409 POST today. You will find the dwindling fiat debt ridden note latest their. It is on it's 3rd strike and they better pump the hell out of it some more this week.

Quote: Feb23,2011 The IMF is in favor of dollar depreciation
kcrg.biz/2011/02/the-imf-is-in-favor-of-dollar-depreciation/

As far as you making a statement as to you don't know how much I read into any of this, who said I was reading into all of it. There is more than reading Frank. I told you that before.

As far as Kahn,Rockefeller and the rest of the pack they have been playing behind the curtain for months now as the depreciation has set in.

Quote: Central banks start to abandon the U.S. dollar
finance.fortune.cnn.com/2010/07/09/central-banks-start-to-abandon-the-u-s-dollar/

[decoy409]

Frank Q, as to our finally polite conversation amongst each other here today and the information that has been shown and discussed amongst us I thank you of all things for taking the time and for us to be able to be civil with one another while doing so.
Boy that was a long sentence!

I am watching for those fabulous reports this week that will be anything but further half truths and that will show the following week or the week after as usual.

Regardless the trick will be to hold the dollar above it's last strike as discussed above. And as the CBO report once again states, 'At all cost!'

[frankq]

I was talking about myself in regards to how much to read into this stuff. Like I said, I really haven't researched it much. Who knows what everybody's motives really are here, but we'll see how it plays out.

[Aman A.K.A. Ahamburger]

Exactly Frankq lets see how this plays out.. This is what Decoy isn't telling you.

en.wikipedia.org/wiki/Reserve_currency

A number of central banks (and commercial banks) keep Canadian dollars as a reserve currency. The Canadian dollar is considered to be a benchmark currency.[10]

The Chinese yuan or renminbi (RMB) cannot be used as a reserve currency as long as the Chinese government maintains capital controls on the conversion of its currency.[17] The currency would not be attractive to central banks for holding unless China developed a strong open bond market.[18]

Chinese President Hu Jintao has said that it would be a long process before the yuan was accepted as a global currency.[19]

Euro, Yen to replace Dollar as world reserve currency:
macedoniaonline.eu/content/view/8549/52/

Euro Could Replace Dollar:
www.forexblog.org/2008/03/euro-could-replace-dollar.html

How's that euro looking now a few years down the road?!? The Euro and the Dollar make up 90% of the world's reserves for currency. Keep fishing Decoy!

[decoy409]

Why all the stupid talk? You people are investors, are you not? For any investor not to know these elementary elements that produce the market,well,quite frankly, they have no buisness being in the Market!
Of course if you get a good salesman, then they just may talk you into it!

Bonds hey. Don't start there. You people (some of you) laughed when I told you the bond market went bye,bye. Flotation devices is all that holds them up know. The saleman has to sell,sell,sell on flotation devices.

China is getting ready to drop off 800 BILLION PLUS of fiat debt ridden notes in the form of BONDS. They are tired of holding the weight while trying to advance.

Learn your b.s. before trying to go out and say, Decoy is not telling you. Decoy has been telling you for the past three years. Oh this is the part where rebuttal comes back about PROFIT UP! MARKET UP! WHAT CAN WE PROFIT FROM NEXT!

Better catch yesterdays EXCLUSIVE in the Decoy Post. Then go find some cheese as you will be needing it.

And Ben is buying them!

[vl]

How's that euro looking now a few years down the road?!? The Euro and the Dollar make up 90% of the world's reserves for currency.

Read more: notmsnmoney.proboards.com/index.cgi?board=moneytalk&action=display&thread=3573&page=2#ixzz1FGC6PCHj

And amount to what-- value? You don't get it at all. NO currency is worth anything if it is not well distributed and useful throughout the market PLACE not the markets. Money is gyrating in and out of paper transactions but hasn't lifted anyone anywhere or any reason other than to make the transactors on paper-- richer. Thus... NO currency coursing through Central Banks means a thing to the people of the world who don't have access to it.
With the coming of warmer weather in the Northern Hemisphere countries comes a toppling of the administrative imprisonment we all endure. Currency requires movement, without it, there isn't a need or use for it. New LOCAL currencies, not an overriding GLOBAL common money lies ahead.

[decoy409]

Your darn tootin' V_L! See that debt note takes it dive again durring the night hours here. Stabalize the Euro for what? Further Austerity measures and dropping the UK further down the piggy bank hole along with the U.S.
And who are they going to roll the buyback on? Why the UK as well as the U.S.,that's who! Why??? Becouse the DEBT belongs back here and others are tired of holding it while the presses here run wild.
And strapped back on who???

You said a mouthful above V_L.

[decoy409]

Yes don't address but instead act innocent with childish posts.

[decoy409]

The old dollar is still dropping and lost it's support at 77. But the NYSE continues to rise! If it was not so ugly, why it would be funny. But it is funny in a sick way!

[Aman A.K.A. Ahamburger]

OK V_L I'll be on the watch for ALL currencies to fail.

Yes don't address but instead act innocent with childish posts.

You are just rude all the time.

China is getting ready to drop off 800 BILLION PLUS of fiat debt ridden notes in the form of BONDS. They are tired of holding the weight while trying to advance.

Learn your b.s. before trying to go out and say, Decoy is not telling you. Decoy has been telling you for the past three years. Oh this is the part where rebuttal comes back about PROFIT UP! MARKET UP! WHAT CAN WE PROFIT FROM NEXT!

I luv the third person references. Not enough people agree with you so you have to agree with yourself??

Well your facts are wrong again!


en.wikipedia.org/wiki/Japanese_yen

By 1971 the yen had become undervalued. Japanese exports were costing too little in international markets, and imports from abroad were costing the Japanese too much. This undervaluation was reflected in the current account balance, which had risen from the deficits of the early 1960s to a then-large surplus of U.S. $5.8 billion in 1971. The belief that the yen, and several other major currencies, were undervalued motivated the United States' actions in 1971.

Is The Chinese Government Secretly Buying U.S. Treasuries Through The UK?:
www.businessinsider.com/is-china-secretly-buying-us-treasuries-through-the-uk-2011-1

China's holdings of US debt jump 30 percent:
www.dailyfinance.com/rtn/press/china-s-holdings-of-us-debt-jump-30-percent/rfid419206979/?channel=pf

[decoy409]

I just chuckle and am tickled at the miscue.

As the debt driven fiat note explores NEW LOWS today, I am waiting for that MIRACLE RECOVERY NEWS all week to reign in like it's picnic time on 4th of July.

[Aman A.K.A. Ahamburger]

I just chuckle and am tickled at the miscue.

As usual us just ignore real facts and choose to believe you know everything!

[decoy409]

As usual us just ignore real facts and choose to believe you now everything!

Read more: notmsnmoney.proboards.com/index.cgi?board=moneytalk&action=display&thread=3573&page=3#ixzz1FKI04WNE

You now everything?

The facts as in your sentence structure. Now that I see is something I can believe in!