http://www.bloomberg.com/news/2011-08-06/asia-central-banks-set-to-stick-it-out-with-u-s-treasuries.html
Asian states and Russia are likely to retain their U.S. Treasury holdings after Standard & Poor’s cut the U.S.’s sovereign credit rating to AA+ as European governments expressed confidence in the world’s largest economy.
SAMEER SAYS
I TOLD YOU SO
READ MY NOV 2010 POSTS
THERE IS NO PLACE TO HIDE EXCEPT CASH AND SUPER SHORT TERM US T BILLS
SWISS SHORT TERM BILLS ARE ALSO AN OPTION FOR EUROPEANS
THAT IS IT
THE COMING WAVE OF DEFLATION IS GOING TO WIPE OUT THE FORTUNES OF A LOT OF PEOPLE
I TOLD YOU IN AN EARLIER POST ABOUT GETTING OUT OF MUTUAL FUNDS AND PENSION FUNDS
THEY ARE LONG STOCKS AND STOCKS ARE ABOUT TO FALL HARD
REAL HARD!!!!!
DONT EVEN STAY IN CMDTY MKTS
THEY ARE ALSO SET TO FALL HARD ALONG WTH STOCKS
SO IF YOU HAVE YOUR PENSION IN PFS AND MUTUAL FUNDS - GET OUT BEFORE IT IS TOO LATE
DONT TRUST THESE FOOLS WITH YOUR MONEY!!!!!!
For all the angst, policy makers from China to Japan to Southeast Asiaare lured to Treasuries as a result of efforts to stem gains in their currencies against the dollar, which would impair export competitiveness. Asia accounts for about half of foreign-owned U.S. debt, Treasury data show.
In the U.K., the world’s third-largest foreign holder of U.S. debt, Business Secretary Vince Cable said the dollar is “the key international currency” in the short run.
Asian states and Russia are likely to retain their U.S. Treasury holdings after Standard & Poor’s cut the U.S.’s sovereign credit rating to AA+ as European governments expressed confidence in the world’s largest economy.
SAMEER SAYS
I TOLD YOU SO
READ MY NOV 2010 POSTS
THERE IS NO PLACE TO HIDE EXCEPT CASH AND SUPER SHORT TERM US T BILLS
SWISS SHORT TERM BILLS ARE ALSO AN OPTION FOR EUROPEANS
THAT IS IT
THE COMING WAVE OF DEFLATION IS GOING TO WIPE OUT THE FORTUNES OF A LOT OF PEOPLE
I TOLD YOU IN AN EARLIER POST ABOUT GETTING OUT OF MUTUAL FUNDS AND PENSION FUNDS
THEY ARE LONG STOCKS AND STOCKS ARE ABOUT TO FALL HARD
REAL HARD!!!!!
DONT EVEN STAY IN CMDTY MKTS
THEY ARE ALSO SET TO FALL HARD ALONG WTH STOCKS
SO IF YOU HAVE YOUR PENSION IN PFS AND MUTUAL FUNDS - GET OUT BEFORE IT IS TOO LATE
DONT TRUST THESE FOOLS WITH YOUR MONEY!!!!!!
For all the angst, policy makers from China to Japan to Southeast Asiaare lured to Treasuries as a result of efforts to stem gains in their currencies against the dollar, which would impair export competitiveness. Asia accounts for about half of foreign-owned U.S. debt, Treasury data show.
In the U.K., the world’s third-largest foreign holder of U.S. debt, Business Secretary Vince Cable said the dollar is “the key international currency” in the short run.
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