-- Published: Monday, 30 July 2018 | Print | Disqus
Description: In just over 2 months Russia has sold-off over 85% of its holdings of U.S. Treasuries, should the U.S. be concerned?
– Russia has liquidated 85% of its US Treasury holdings in just two months – Russia dumps over $90 billion of Treasuries in April and May as holdings collapse from near $100 billion to just $9 billion – Deepening geo-political tensions between Russia and U.S. and Russian concerns about the dollar lead to selling – Trump administration imposed new sanctions on April 6 on seven of Russia’s richest men and 17 top government officials – Russia continues to accumulate gold bullion and deepening tensions may see this acceleratehttps://www.youtube.com/watch?v=oTZYwMP9dKQ – Tensions between the U.S. and China are rising and China has been selling Treasuries and this may accelerate if trade wars and currency wars deepen
“The Treasury International Capital, TIC Update, confirms that the massive reduction we saw in US Treasuries by the Russians in April continued in May. They sold basically 81 billion in two months, down from just under 100 billion. That’s an 80% reduction in two months! Meanwhile they’re buying gold, they’re buying up to a million at one point, a million ounces of gold in certain months. It’s a very important story. I don’t think the potential ramification of the story are being understood. Tensions are running very, very deep and this appears to be a response by Russia to the sanctions from America……”
Trump Trade and Currency Wars With China – Goldnomics Podcast
The content on this site is protected
by U.S. and international copyright laws and is the property of GoldSeek.com
and/or the providers of the content under license. By "content" we mean any
information, mode of expression, or other materials and services found on GoldSeek.com.
This includes editorials, news, our writings, graphics, and any and all other
features found on the site. Please contact
us for any further information.
Live GoldSeek Visitor Map | Disclaimer
The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy
or completeness of the information (including news, editorials, prices, statistics,
analyses and the like) provided through its service. Any copying, reproduction
and/or redistribution of any of the documents, data, content or materials contained
on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC,
is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.
