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<p>[QUOTE=&quot;Tinpot, post: 1639104, member: 35836&quot;]The action doesn&#039;t mean that much, other than to show that the more fiscally responsible governments of the world are stacking gold, it&#039;s a good indication that it will be valued in the future, potentially more than it is now. </p><p><br /></p><p>It&#039;s also a possible indicator that the dollars days may be numbered, in the past Russia and China added U.S. T-bonds to their reserves, but now it would appear they are moving towards gold and have stopped purchasing T-Bonds. </p><p><br /></p><p>Going in another direction it is rarely mentioned just how easily China or Japan could send the U.S. economy into a tailspin if they decided to sell all/or a significant portion of their T-Bonds. </p><p><br /></p><p><a href="http://www.davemanuel.com/us-national-debt-clock.php" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.davemanuel.com/us-national-debt-clock.php" rel="nofollow">http://www.davemanuel.com/us-national-debt-clock.php</a><span style="color: #000000"><font face="verdana"></font></span></p><p><span style="color: #000000"><font face="verdana"><br /></font></span></p><p><span style="color: #000000"><font face="verdana">1. China, Mainland, $1170.1 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">2. Japan, $1132.8 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">3. Carib Bnkng Ctrs**, $283.7 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">4. Oil Exporters*, $260.1 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">5. Brazil, $257.0 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">6. All Other, $245.7 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">7. Taiwan, $193.1 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">8. Switzerland, $186.9 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">9. Russia, $164.1 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana">10. United Kingdom, $145.0 billion dollars</font></span></p><p><span style="color: #000000"><font face="verdana"><br /></font></span></p><p><span style="color: #000000"><font face="verdana">If a trillion dollars was brought into the market the results would likely be </font></span>cataclysmic for the U.S. dollar. Very unlikely though since their economies are quite intertwined and it would certainly have a great negative affect on the Chinese economy, but interesting nonetheless just how vulnerable the dollar is at current time. (and with the actions that are being taken its only getting worse)[/QUOTE]</p><p><br /></p>

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