China Warns Washington: "We Have Been Liquidating U.S. Treasuries"
Things are jumping again on Wall Street. 
We are learning that among other minor problems, like the Dow dropping over 1,500 points in a week, that there were a few more mysterious “glitches.” You remember the previous “glitches” right? During one beautiful morning the first week of July, the ALWAYS TRUTHFUL OBAMA ADMINISTRATION said there was a “glitch” on Wall Street, which ended up shutting down trading for several hours, United Airlines had a “glitch” of its own, grounding its entire fleet for several hours, by “sheer coincidence” of course, and then the Wall Street Journal also had a “glitch” that shut down online viewing all morning. Then, much less often discussed because apparently someone put the kibosh on it, there were a series of SEVERAL THOUSAND POWER OUTAGES that were kept very quiet, and several several subways in New York just HALTED out of nowhere due to a “glitch” too. Yep, it was a strange morning indeed. Lots of coincidences. Not to worry, I’m sure the trading “glitch” this week when the Dow dropped 1500 was nothing too. It’s not like any foreign governments have been caught hacking our computer systems or anything.
In the video below, Freedom Fighter discusses, the “glitch” that disrupted trading briefly on Thursday, and how it affected over 300,000 stock trades with an investment technology group named “Dark Pool.” Here is where things go South. August 11th, China devalued the Yuan, and it made wide news around the world. As if that news is not alarming enough, while in the process of devaluing, China dumped over $100 BILLION in U.S. treasury bonds onto the open market the same week. All total, since July, China has dumped almost exactly 10% of it’s holdings in U.S. Dollars. Despite that, the drop in bond yields was nowhere near as profound in as it was in stocks. This is HUGE! China confirms it has been liquidating treasuries. The real question that should scare the snot out of anyone is, “What if other emerging markets all simultaneously began to dump the Dollar.” That is explicitly what Peter Schiff was referring to in the second video below. But what does Peter mean when he says the Chinese won’t be there to “catch the Dollar” this time?
We are learning that among other minor problems, like the Dow dropping over 1,500 points in a week, that there were a few more mysterious “glitches.” You remember the previous “glitches” right? During one beautiful morning the first week of July, the ALWAYS TRUTHFUL OBAMA ADMINISTRATION said there was a “glitch” on Wall Street, which ended up shutting down trading for several hours, United Airlines had a “glitch” of its own, grounding its entire fleet for several hours, by “sheer coincidence” of course, and then the Wall Street Journal also had a “glitch” that shut down online viewing all morning. Then, much less often discussed because apparently someone put the kibosh on it, there were a series of SEVERAL THOUSAND POWER OUTAGES that were kept very quiet, and several several subways in New York just HALTED out of nowhere due to a “glitch” too. Yep, it was a strange morning indeed. Lots of coincidences. Not to worry, I’m sure the trading “glitch” this week when the Dow dropped 1500 was nothing too. It’s not like any foreign governments have been caught hacking our computer systems or anything.
In the video below, Freedom Fighter discusses, the “glitch” that disrupted trading briefly on Thursday, and how it affected over 300,000 stock trades with an investment technology group named “Dark Pool.” Here is where things go South. August 11th, China devalued the Yuan, and it made wide news around the world. As if that news is not alarming enough, while in the process of devaluing, China dumped over $100 BILLION in U.S. treasury bonds onto the open market the same week. All total, since July, China has dumped almost exactly 10% of it’s holdings in U.S. Dollars. Despite that, the drop in bond yields was nowhere near as profound in as it was in stocks. This is HUGE! China confirms it has been liquidating treasuries. The real question that should scare the snot out of anyone is, “What if other emerging markets all simultaneously began to dump the Dollar.” That is explicitly what Peter Schiff was referring to in the second video below. But what does Peter mean when he says the Chinese won’t be there to “catch the Dollar” this time?
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