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China and the great precious metals migration

Posted on 16 December 2013

The Chinese have taken the other side to the great Western financialization by importing its inflation and gaining control of its bond market. In addition, they have built a massive infrastructure capable of supporting its billions of upwardly mobile.
The Chinese have already cut back significantly on U.S. debt purchases. They have also rotated out of long-term debt in conjunction with the operation twist of the Fed. (The Fed sold short-terms notes in order to buy further out along the curve………………………………………..Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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