17 July 2010

Hyper Report - 100717


First...
China Reduces US Treasury Debt Holdings In May
China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase. China's holdings fell by $32.5 billion to $867.7 billion. Total foreign holdings of Treasury securities edged up $5.8 billion to $3.96 trillion in May, a slight increase of 0.1 percent compared to April. Japan, the world's second-largest holder of Treasury securities, also cut its holdings in May, to $786.7 billion. The United Kingdom, the third-largest holder, posted a 9 percent increase to 350 billion. It appears that Asia is beginning to get out of US Treasuries while the Europeans are continuing to buy them.

Next...
China Has Been Covertly Funding A Housing Bubble Five Times Larger Than That Of The US
The South China Morning Post, by analyizing the electricity meter readings uncovered the fact that China has over 65 Million vacant homes and apartments. This number is five times larger than the roughly 12 million in total US home current inventory available. Everyone seems to believe that China's economy is where to be. Like the US, just imagine the consequences when that particular bubble starts bursting

Next...
Dollar Extends Losses On US Economy Concerns
The dollar fell further on Friday, touching the lowest level so far this year against the yen, as weak US data fueled concerns about the world's biggest economy. The federal deficit hit an all-time high of $1.4 trillion last year and is forecasted to be about $1.3 trillion this year. Nothing like a exploding debt to make an economy better... NOT!

Next...
Rust Discovered On Bank Of Russia Issued 999 Gold Coins
Here's a head scratcher: as everyone knows from elementary chemistry courses, gold is the most inert metal in the world - it does not rust, nor corrode. Yet this is precisely what Russian commercial precious metal trading company, International Reserve Payment System, discovered on thousands of (allegedly) 999 "St George" gold coins issued by the Central Russian Bank. There is no such thing as "rusted " gold regardless of what the Russian Central Bank or so-called "independent" appraisers say or do. Needless to say, It appears that we live in a very fraudulent world; therefore, be careful where, and what type, you buy your
precious metals from.


Finally,
Please prepare now for the forthcoming economic, and subsequent social, unrest that will hit the US.

Good Day

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