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Re: China selling US dept
[Re: jbyrd63]
#8141342
05/19/24 09:50 AM
05/19/24 09:50 AM
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Joined: May 2010
MN
Steven 49er
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trapper
Joined: May 2010
MN
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China has been divesting their US Treasuries since 2017.
"Gold is money, everything else is just credit" JP Morgan
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Re: China selling US dept
[Re: jbyrd63]
#8141361
05/19/24 10:20 AM
05/19/24 10:20 AM
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Joined: Feb 2020
Indiana
Providence Farm
trapper
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trapper
Joined: Feb 2020
Indiana
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BoBO put tariffs on china so they are selling US dept. World economy is going to be interesting this week. Take a pic of your 401 k's I'm excited for the drop of 50+%. Yep it's well overdue. When it drops it's on sale and I will increase my investments as much as I can but it won't be much since it's been 25 to 26% of my income all year. Made 18% in the markets in the last year at over 13% year to date. Markets go up and down but history shows 10% gain over time. The horrible great depression is just a minor blip on the chart. Infact it is a big part of driving old beaters so I can dump more in the markets instead of paying interest in a vehicle payment. Also paying off all my small amount of remaining debt.
Last edited by Providence Farm; 05/19/24 10:22 AM.
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Re: China selling US dept
[Re: jbyrd63]
#8141362
05/19/24 10:21 AM
05/19/24 10:21 AM
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Joined: Aug 2008
ny
upstateNY
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trapper
Joined: Aug 2008
ny
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BoBO put tariffs on china so they are selling US dept. World economy is going to be interesting this week. Take a pic of your 401 k's I transferred my monies out of the Wall Street Casino years ago.Guranteed rate C.D.s with compounded interest now. 
the wheels of the gods turn very slowly
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Re: China selling US dept
[Re: spjones]
#8141368
05/19/24 10:34 AM
05/19/24 10:34 AM
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Joined: May 2010
MN
Steven 49er
trapper
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trapper
Joined: May 2010
MN
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Rumours are the Iranian presidents heli just crashed
Suspect that might affect the markets this upcoming week a lot more the anything China related China and other nations going away from US treasuries and more importantly the US Dollar will a longer impact.
"Gold is money, everything else is just credit" JP Morgan
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Re: China selling US dept
[Re: jbyrd63]
#8141371
05/19/24 10:37 AM
05/19/24 10:37 AM
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Joined: Nov 2007
St. Cloud, MN
trapperkeck
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trapper
Joined: Nov 2007
St. Cloud, MN
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Selling debt is, totally, different than calling a debt. Debt is sold every day. Heck, most folks here who have/had a mortgage have had that debt sold to another bank, at least once. It does make one wonder, what type of cyber attack they have planned that might make it difficult/impossible for the U.S. to make good on that debt?
"The voice of reason!"
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Re: China selling US dept
[Re: jbyrd63]
#8141373
05/19/24 10:39 AM
05/19/24 10:39 AM
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Joined: May 2010
MN
Steven 49er
trapper
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trapper
Joined: May 2010
MN
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What makes you believe that other nations and central banks will always want to buy US treasuries?
"Gold is money, everything else is just credit" JP Morgan
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Re: China selling US dept
[Re: spjones]
#8141383
05/19/24 11:11 AM
05/19/24 11:11 AM
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Joined: Dec 2014
west virginia usa
randall brannon
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Joined: Dec 2014
west virginia usa
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Jybrds fascination with the destruction of the financial markets makes me wonder if he’s feeling left out? Or maybe he is smart and keeps an eye on his investments and things that could affect it.
God please keep they 19 fallen UBB miners out of trouble up there.
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Re: China selling US dept
[Re: Marty]
#8141409
05/19/24 12:25 PM
05/19/24 12:25 PM
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Joined: Apr 2009
South Ga - Almost Florida
Swamp Wolf
trapper
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trapper
Joined: Apr 2009
South Ga - Almost Florida
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which dept of the us are they selling?
Confused me too. I thought jbyrd was having a bad morning. I'm gonna assume he means US debt.
Thank God For Your Blessings! Never Half-Arse Anything!
Resource Protection Service
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Re: China selling US dept
[Re: jbyrd63]
#8141428
05/19/24 01:12 PM
05/19/24 01:12 PM
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Joined: Dec 2015
se South Dakota
NonPCfed
trapper
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trapper
Joined: Dec 2015
se South Dakota
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I'm excited for the drop of 50+%. Yep it's well overdue. When it drops it's on sale and I will increase my investments.... Yeah, I have a couple of ETF "shorts" that hopefully play out. Sooner or later the walking on pure air at this point will stop and the fall will happen. That's just in my "play money" account. We'll see...
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
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Re: China selling US dept
[Re: jbyrd63]
#8141431
05/19/24 01:15 PM
05/19/24 01:15 PM
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Joined: Dec 2015
se South Dakota
NonPCfed
trapper
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trapper
Joined: Dec 2015
se South Dakota
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[quote][What makes you believe that other nations and central banks will always want to buy US treasuries? /quote]
Doesn't J.P. Morgan/Chase now own something such as 10% of the fe government debt? I suspect that U.S. banks own more of Janet baby's custodian portfolio of yours than both the Chicoms and the Nipponese combined.
"And God said, Let us make man in our image �and let them have dominion �and all the creatures that move along the ground". Genesis 1:26
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Re: China selling US dept
[Re: spjones]
#8141506
05/19/24 04:59 PM
05/19/24 04:59 PM
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Joined: Feb 2014
Ky
jbyrd63
OP
trapper
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OP
trapper
Joined: Feb 2014
Ky
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Jybrds fascination with the destruction of the financial markets makes me wonder if he’s feeling left out? Lol Right the opposite! I’m hoping it goes to 43,000. Then when the corrections happens more desperation means more bargains.
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