T-Bonds will tank as China is dumping

5 posts / 0 new
Last post
Stankovich
T-Bonds will tank as China is dumping

The 30-year US TREASURY just executed a Bear Flag with a price objective of 115-117, which might materialize by May 15, 2014.

http://stockcharts.com/h-sc/ui?s=$USB&p=W&yr=4&mn=6&dy=0&id=p78183895358&a=329176937&listNum=2

Accordingly, the Peoples Bank of China will load up on gold with the US$ procedes it will receivwe from dumping US Treasuries.

Bank on it.

An interesting analysis in this regard is http://www.gold-eagle.com/article/gold-backed-renminbi-yuan-looms-horizon

(Chinese for Gold)

 

 

Vronsky

Kudos and accolades to Mr Stankovich as he is right on the money with is vearish call on US T-bonds.

http://stockcharts.com/h-sc/ui?s=$USB&p=W&yr=4&mn=6&dy=0&id=p78183895358&a=329176937&listNum=2

IMHO Uncle Sam's Treasuries will suffer in horiffic decline in 2014...whereas most of the money fleeing fiat paper will stampede to gold and silver.

Like the sage financial saying;  BANK ON IT.

priya1418
muneer ahmed

Strong substance. Keep up the astonishing work I can hardly wait to peruse more on this theme from you. Pawan kalyan latest news

pramodchintu

China is diversifying its foreign exchange reserves in order to safeguard their value, the country's currency regulator said on Thursday, while dismissing a ... The forex reserves investment in U.S. Treasury bonds is a market activity, with investment professionally managed according to market conditions blackmart apk