AN EXPLANATION OF THE FACTIONS  
 

[ DONATE TO RMN ] [ View Thread ] [ Archive Search Page ] [ RMN Reading Room ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

RMN is Reader Supported

Our Goal for
MAR 6 - APR 5:
$1,500

Powered by FundRazr

Click Widget
or Click Here to contribute.

Checks & Money Orders:

Raye Allan Smith
P.O. Box 95
Ashtabula, OH 44005


Users Online:
80

Who Founded RMNews?


Dewitt Jones' Video
"Celebrate What's Right
With The World"


"When the
Starships Fly!"

Listen at YouTube


The Theme for The Obergon Chronicles

Listen at YouTube


The Obergon Chronicles ebook


RUMOR MILL
NEWS RADIO


CGI ROOM
Common Ground
Independent Media


WHAT ARE
THE FACTIONS?


THE AMAZING
RAYELAN ALLAN


BIORHYTHMS

LOTTO PICKS

OTHER WAYS TO DONATE





RUMOR MILL NEWS AGENTS WHO'VE BEEN INTERVIEWED ON RUMOR MILL NEWS RADIO

______________

NOVEMBER 2008

Kevin Courtois - Kcbjedi
______________

Dr Robin Falkov

______________

Melinda Pillsbury Hr1

Melinda Pillsbury Hr2

______________

Daneen Peterson

______________

Daneen Peterson

______________

Disclosure Hr1

Disclosure Hr2
______________

Scribe
______________

in_PHI_nitti
______________

Jasmine Hr1
Jasmine Hr2
______________

Tom Chittum Hr1
Tom Chittum Hr2
______________

Kevin Courtois
______________

Dr Syberlux
______________

Gary Larrabee Hr1
Gary Larrabee Hr2
______________

Kevin Courtois
______________

Pravdaseeker Hr1
Pravdaseeker Hr2
______________

DECEMBER 2008

Tom Chittum
______________

Crystal River
______________

Stewart Swerdlow Hr1
Stewart Swerdlow Hr2
______________

Janet Swerdlow Hr1
Janet Swerdlow Hr2
______________

Dr. Robin Falkov Hr1
Dr. Robin Falkov Hr2
Dr. Robin Falkov Hr3

JANUARY 2009 ______________

Patriotlad
______________

Patriotlad
______________

Crystal River
______________

Patriotlad
______________

Dr. Robin Falcov
______________

Patriotlad

FEBRUARY 2009

Find UFOs, The Apocalypse, New World Order, Political Analysis,
Alternative Health, Armageddon, Conspiracies, Prophecies, Spirituality,
Home Schooling, Home Mortgages and more, in:

Rumor Mill News Reading Room, Current Archive

Reader says, "Not true"!! China is at least 10 years from having a large and liquid enough sovereign bond market to compete with treasuries

Posted By: RumorMail
Date: Wednesday, 13-Jan-2021 05:52:41
www.rumormill.news/93531

In Response To: CGI's Liam77: China Officially Starts the Dumping of the Petrodollar (RumorMail)

TY for your insightful response. I'm sure Liam77 will see it on here.

**********************************

************************************

Re: CGI's Liam77: China Officially Starts the ....

Not true! Read the terms and conditions to trade. It must be done in the yuan but traders may use foreign currencies to meets margin requirements. This is not a physical crude market but futures and like all futures are used to hedge. Chinese oil firms will use Chinese banks to buy hedges for them using put options in case price falls. These are for financial protection.

The petrodollar has become meaningless in the Middle East and was used to flood the international markets with dollars and treasuries and this was firmly accomplished decades ago. Since early 2017 China has been buying billions monthly in treasuries and now has over $1.2 trillion. Russia now has over $100 billion. The last thing these two want is to have these assets fall in value.

Countries do not like to hold large amounts of foreign currencies as they pay no interest and are forced to buy treasuries. China is at least 10 years from having a large and liquid enough sovereign bond market to compete with treasuries. Europe has no federalized bond market backed by all member countries so that leaves treasuries as the only game in town.

Another factor is that the US is now a major oil producing country and just passed the Saudis. They have much more reserves than actually stated always promoting the concept of scarcity to keep prices high. Canada exports to the US over 3 times the amount than the Saudis all sold in dollars as most crude is around the planet. The simple fact is countries want dollars because they are easily invested in international markets but other currencies are not. If you look at central bank holdings of the yuan it has gone down every year for a number of years.

It is so evident these people have no experience in trading any financial market buy read crap on the net and pass it on as there own.
***************************



RMN is an RA production.

Articles In This Thread

CGI's Liam77: China Officially Starts the Dumping of the Petrodollar
RumorMail -- Wednesday, 13-Jan-2021 05:52:40
Reader says, "Not true"!! China is at least 10 years from having a large and liquid enough sovereign bond market to compete with treasuries
RumorMail -- Wednesday, 13-Jan-2021 05:52:41

The only pay your RMN moderators receive
comes from ads.
If you're using an ad blocker, please consider putting RMN in
your ad blocker's whitelist.


Serving Truth and Freedom
Worldwide since 1996
 
Politically Incorrect News
Stranger than Fiction
Usually True!


Powered
by FundRazr
Click Widget
or Click Here to contribute.


Organic Sulfur 4 Health

^


AGENTS WEBPAGES

Provided free to RMN Agents

Organic Sulfur 4 Health

^


AGENTS WEBPAGES

Provided free to RMN Agents



[ DONATE TO RMN ] [ View Thread ] [ Archive Search Page ] [ RMN Reading Room ] [ CGI Media News Room ] [ SUBSCRIBE TO RMN ]

Rumor Mill News Reading Room, Current Archive is maintained by Forum Admin with WebBBS 5.12.

If you can't find what you're looking
for using our RMN search, try the DuckDuckGo search below:


AN EXPLANATION OF THE FACTIONS