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Message: Re: Japan and U.S. Treasuries
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vhf
Jun 12, 2009 07:36AM
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Jun 12, 2009 07:52AM
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Jun 12, 2009 07:58AM
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Jun 12, 2009 08:57AM

My interpretation on the subject, note I have no special insight:

The Japanese while officially supporting the dollar would want to sell those depreciating dollars by means not obvious. Individuals, perhaps through a large corporation, could do that and appear unconnected with the government, while diplomatic pouches mean direct government involvment.

The Chinese are/were buying gold and selling $ for years for similar reasons but only recently admitted to it.

1
Jun 13, 2009 09:52AM
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