Entries Tagged as 'china'

China Takes a Page out of Soros’ Playbook, Talks Down Gold in the Process of Buying It

March 9th, 2010 53 Comments

Stacy Summary:  I like the way that all official statements coming from China relating to almost anything, including the economy; are contradicted by several other official statements.  So, for example, in the last week we have heard from several official sources that the yuan will rise by up to 5pc and that the yuan, in [...]

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China reported to be buying IMF gold

February 25th, 2010 72 Comments

Stacy Summary:  h/t Phil/Germany

China to purchase 191.3 tons of IMF gold for sale

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China sold a whopping $34.2 billion in US Treasuries in December

February 16th, 2010 56 Comments

Stacy Summary:  Japan is now the largest holder of US debt.

China sells Treasuries (Zerohedge)

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China to impose dumping penalties on US chicken

February 5th, 2010 152 Comments

Stacy Summary:  Back from our interview.  It was fun.  Here is us waiting in our hotel lobby for our taxi to take us to radio station.  I see that while we were away, the tension between US and China has increased a bit.  Why anyone would want to eat $1 billion worth of Tyson chicken [...]

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US threatens to disrupt China’s energy supply while thousands in Tokyo protest US military presence in Japan

January 31st, 2010 66 Comments

Stacy Summary:  via Mish.  The Japanese can’t get the US military out of their country after 60 years and the US is lecturing China about what they can and can’t do with their military?

Thousands protest in Tokyo against US military presence in Okinawa

Clinton presses China over Iran

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Hank Paulson Says Russia Urged China to Dump Fannie & Freddie

January 29th, 2010 73 Comments

Stacy Summary:  Gee, today is shaping up to be a big news day.  All sorts of war criminals and financial terrorists ‘testifying’ today.

Paulson says Russia urged China to dump Fannie, Freddie bonds

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Will China’s Karaoke Crackdown Inspire Bono, Too?

January 25th, 2010 113 Comments

Stacy Summary:  As we have already picked up all the worst habits of the ex Soviet police states, I suppose we can look ahead to the more innovating Chinese police state to inspire Hollywood and other pals of Bono?

China’s Karaoke Crackdown

China’s karaoke bars are being monitored as part of the government’s crackdown on vulgarity [...]

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Chinese firm refuses to pay Goldman $80 million in derivatives losses

December 29th, 2009 109 Comments

Stacy Summary:  Oh yeah, here it comes.  If your government has nukes, trillions in T-bills AND will stand up to US extradition treaties . . . you have it made in this gangster-gulag-casino economy.

Small Chinese firm tells Goldman to take a hike, refuses to pay $80 million in derivatives losses

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Those Toxic Harvard Swaps & a Crash Scenario in China

December 18th, 2009 51 Comments

Stacy Summary:  Good afternoon!  Your thoughts on China?  Crash?  No crash?

Harvard swaps are so toxic even Summers won’t explain

China faces crash scenario

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Rashomon in Desert, Civilization Shift in Gold

November 28th, 2009 106 Comments

Stacy Summary: Another day, but a looooonnnnng week to go for those holding Dubai debt!

Rashomon in the desert

Where the Dubai fall out will land

China, Gold & the Civilization Shift

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