Friday, November 22, 2013

China to stop stockpiling the US dollar

 Just a quick article I ran across...

/http://wallstreetsectorselector.com/2013/11/china-announces-going-stop-stockpiling-u-s-dollars/

I've talked about the end game of China to be one that takes place of the US dollar as the world's reserve currency. Well, it looks like they have accelerated the plan. The dollar isn't welcome in China's plans. Do yuo think you'll hear about it on ABC, CBS, or NBC?

Keep Prepping - K

The new world reserve:

9 comments:

  1. I think China stopped buying US debt some time ago but the smoke and mirrors method the Fed uses to buy the same debt makes it impossible to pin point it. The key is not so much stopping the use of the Dollar as it is getting all those dollars back into the US. When that happens the gig is up.

    And it needs to be up soon while we still have some rights left.

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    1. Doing it, and announcing it are two different creatures as far as I'm concerned. Look for China to invest heavily in precious metals.

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  2. All of the players know that hyper inflation is going to be used to handle the debt crisis, well all the players except the US citizens who are still waiting for hope and change.

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    1. The sheeple are going to be crushed.

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  3. I can't say I blame the Chinese. Wonder how I go about getting Chinese money. It's the Yuan, isn't it?

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    1. Yes, it's the yuan. My local bank has begun selling foreign currency, but I image that gold and silver would be locally preferred over Chinese money.

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  4. OBTW - I found that map of the cougar spreading entertaining. My bet is there were many small pockets of cougars left they never did find as even in the 70's when Missouri was swearing there were none here they were showing up hit on the highway.

    Still it was an interesting study. Thanks

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    1. No problem, the same thing was happening in our state. My guess is that the Game and Fish didn't want the remaining animals poached for novelty, and genetic diversity.

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