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Gold, The Fed, China & Channel News- Part 1

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Uploaded by on Aug 19, 2009

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http://news.bbc.co.uk/2/hi/business/8207174.stm
China reduced its holdings of US government debt by the largest margin in nearly nine years in June, according to data from the US Treasury.

China holds more US government debt than any other country and cut its holdings of US securities by more that 3% in June, said the BBC's Chris Hogg.

Japan and the UK - second and third largest holders of US debt - increased their holdings over the same period.

China's holding of US debt is about 7% higher than at the turn of the year.

http://www.bloomberg.com/apps/news?pid=20601087&sid=ayr30bHgFXQE
Aug. 19 (Bloomberg) -- Gold demand fell to a six-year low in the second quarter as recession curbed buying by jewelers and electronics producers, the World Gold Council said. Central banks were net buyers for the first time since at least 2000.

Global consumption fell 8.6 percent to 719.5 metric tons from a year earlier, the London-based industry group said in a report today. Thats the lowest level since the first quarter of 2003. Jewelry demand declined 22 percent and electronics, the biggest industrial use for gold, slid 26 percent.




Tags:stock market real estate collapse doomsday foreclosure downturn The dollar "housing crisis" "financial crisis" subprime hyperinflation hyper inflation economy economic downfall investing for sale training agent agency selling fed federal reserve money fiat gold silver commodities housing bubble crash 2009 2008 Peter Schiff Jim Rogers Gerald Celente Alex Jones Ben Bernanke trading forex

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  • that's right, I'm your 1,198th subscriber, you better not Fu@#k up. I'm watching you.

  • @mrzcak- Hey There Buddy! Thanks for your comments and subscribing! I'm glad you're keeping a eye on me...i welcome it and point to you the bangwagon of others also watching and waiting to pounce on anything i may say or do wrong =)

    i have a lot more vid's coming so please stay tuned!

  • all ways look out for you vids , we need more stuff like yours

  • bookbinders- there's only ONE me! hehe. seriously, thank you and please stay tuned for a lot more video's.

    thanks!

    Harry

  • grt cliff hanger of a ending on prt 2 hope to see 3 soon, also iceland say no to the bankers any thoughts

  • @bookbnder- i'll look into it. thanks for that info!

Top Comments

  • first things first

    WE NEED TO STOP THIS LEFT RIGHT CRAP

    THIS ISN'T AN OBAMA THING..

    JUST AS IT WASN'T A BUSH THING

    (AND I TELL YOU THAT WAS VERY HARD TO SAY)

    THIS IS BIG BANKS AGAINST ALL OF US..

    PREPARE YOUR SELF GET FOOD AND WATER

    GOLD & SILVER

    GUN(S) AND AMMO..

    STARTING THIS MONTH THE COLLAPSE COMES

  • we need to start learning to speak chinese

see all

All Comments (38)

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  • 1.000 subscribers wow wish you hadn't said that. I was almost going to subscribe but I've found that the best channels have fewer than 100 subscribers and don't really care how many subscribers they have. (Just a joke, relax)

  • REACT

    Pen is position opinion

  • @cds162 Are there any more intelligent people out there?

  • i love what you are doing! thank you

  • Hey guys if you want to buy silver at a 60% discount give me a holler. I know a great broker :)

  • You are a chinese spy!!

  • @skybird- THANK YOU!

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