God’s Words of Strength to His People During Financial Turmoil
In December of 2013, the Chinese government offloaded $48 billion in paper bringing its total to $1268.9 billion, the second largest dump in China Treasury Holdings (with the sole exception of December 2011). During this time Chinese FX reserves spiked to all time highs when China had a large amount of cash not invested in US paper. The signals China is sending to the world speaks volumes on the nuanced game between the US and its largest external creditor when it comes to its confidence in the US. They were not alone. Japanese holdings also dropped by $4 billion in December (the second largest external creditor). Source: Zero Hedge
Surprisingly, total foreign holdings of US Treasurys increased in December, from $5716.9 billion to 5794.9 billion.This was due to Belgium, or simply put “Europe”, seemingly coming to the rescue by drastically increasing their US Treasury Holdings. Source: Zero Hedge
Terry Sacka AAMS, financial expert at Cornerstone Asset Metals addressed this news to make sense and provide clarity on what is actually happening. He explained with the following:
“This is just the beginning of secretive and shadow US T-Bond dumping. There is a pattern developing and taking place on Indirect Exchanges, meaning financial transactions are taking place using bonds for the so called “currency” in the transaction”
“Mostly by Russia and China, but this third party dumping of US T-debt is something to take note of, because large asset sales are being done but not paid in traditional ways, these transactions are closing using the US T-bond 10 year!”
“As an example one route was identified when Rosneft bought out British Petroleum stake in the TBK-BP Russian energy firm for $55 billion! This deal shows Russians unloading billions in US T-bonds sending them to London banks where they cannot be refused. Another large deal is the payment by China for Russian crude oil delivered via the vast Asian pipeline, the Chinese will pay huge annual energy bills using their vast USTbond stockpile in a steady outflow.”
“All being said these indirect methods of finance show the external pressure the US T-bond will have going forward, do we need to look any farther than the B.R.I.C.S. as an example of a move to defang the United States. Cautious retiree’s should take heed.”
Precious Metals as a Safe Haven
There’s a great wealth transfer taking place right now. Are you on the losing end or the receiving end?
Wealth Transfer Planning
Precious metals have always been a safe haven for investing in high inflationary times. Historically speaking, a recurring cycle that always seems to repeat itself is periods of high inflation as a precursor to the crash of paper currencies. Those who understand this wealth cycle and position themselves in gold and silver are those who prosper.
Precious metals are assets that will never lose their value. They are not subject to systematic risks as paper money and serve as a hedge against inflation and other threats of devaluation. Cornerstone Asset Metals was established to help guide investors safely in and out of the precious metals market.
The Great Wealth Transfer
Watch Terry Sacka: The Wealth Transfer show on the Christian Television Network discussing the financial and influential decline of the Western world and the simultaneous wealth increase of the East. With the wealth of nations shifting, it’s imperative to understand moving forward how hard tangible assets will allow you to maintain a quality lifestyle.
Visit the Wealth Transfer archive for more episodes. Learn more about how buying gold and silver today is a smart move for your investment portfolio.
» Contact Cornerstone Asset Metals today to learn more about buying gold and silver as an investment.
» Read our article: Why Silver is Going Up Today?
» Read our article: Why Gold is Going Up Today?
» Read our article: Is Bitcoing Mining More Profitable Than Owning Gold or Silver?
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