Russian U.S. Treasury Holdings up 41% since October 2016 (+$34 billion); at Highest Level since September 2014.
Chinese US Treasury Holdings are up $53 billion since October 2016- The Last Month the People’s Bank of China Added Gold to Reserves.
Japan, Brazil, Switzerland, UK, Saudi Arabia, India and France also boost holdings in 2017.
Saudi Threats to Dump Treasuries over 9/11 issue don’t materialize as Saudi treasury holdings increase 33% since November 2016.
Higher U.S. Interest Rates, New U.S. Administration, Improving Chinese and Russian Finances Lead to Surge in Treasury Buying.
You can buy Bitcoin, Ethereum and Litecoin through Coinbase.
Click HERE to open a coin base account and get $10 of free Bitcoin.*
Not a Smaulgld subscriber? Sign up here.
Donate To Smaulgld.com via paypal
Donate To Smaulgld.com via paypal
Foreigners Loading Up on U.S. Treasuries Again
Foreign holdings of U.S. Treasuries grew $128 billion from November 2016 -May 2017.
China and Russia Add To Their U.S. Treasuries Positions
China and Russia may be working on developing their own digital currencies, but in the mean time they are also rebuilding their stacks of U.S. Treasury securities they sold off during the past few years.
China was particularly troubled when the U.S. Federal Reserves embarked on quantitative easing in 2009 and took interest rates to zero. Russia sold off a good portion of its Treasuries after the US and other nations imposed sanctions on Russia in 2014. Both countries developed de-dollarization initiatives in response to U.S. monetary and foreign policies that included selling U.S. Treasuries and adding gold to their foreign reserves.
Russia and China have stopped selling their U.S. Treasury holding and began buying Treasuries late last year.
Russian Holdings of U.S. Treasury Securities
Russian holdings of U.S. Treasuries were up $34.1 billion from October 2016 -to May 2016 and are at their highest level since September 2014.
Chinese Holdings of U.S. Treasury Securities
Chinese holdings of U.S. Treasury securities are up $52.9 billion from November 2016 to May 2017.
Saudi Arabian Holdings of U.S. Treasury Securities
In April 2016, Saudi Arabia threated to dump its US Treasury holdings if the US Congress passed the 9/11 bill. Congress passed the bill in September of 2016, President Obama vetoed the bill and on September 28, 2016, congress overwhelmingly voted to override the President’s veto.
Saudi Arabia’s increase in US T-bonds holdings from October to May can’t be explained soley as a consequence of higher oil prices when fellow OPEC oil producing nations, the United Arab Emirites and Kuwait US Treasury Reserves were essentially unchanged from October to May, while SA’s increased 39%.
Foreign Holdings of U.S. Treasury Securities Source: http://ticdata.treasury.gov
Further Reading
The Fed protects the dollar first and foremost, not the stock market or even the too big to fail shareholder interests. Without the dollar neither of the latter two can function. Everything runs on the dollar.
IS THE U.S. DOLLAR BECOMING THE NEW PETRO DOLLAR?
DOES THE FED NEED TO RAISE INTEREST RATES TO COMBAT DE-DOLLARIZATION INITIATIVES? (April 2015)
The Fed WILL Raise Rates This Year ( June 2015)
WHY THE FED RAISED INTEREST RATES (December 2015)
WHY THE FED RAISED RATES LAST YEAR AND WILL DO SO AGAIN THIS YEAR (May 2016)
HOW THE FED MANAGES THE DOLLAR AND AVOIDS COLLAPSE June 2016
TRUMP SHIFT TO CHINA: DOLLAR PROTECTION STRATEGY? April 2017
WHY SAUDI ARABIA MATTERS IN HELPING TO KEEP THE U.S. DOLLAR AS THE WORLD’S RESERVE CURRENCY (October 2013)
You can compare pricing and shipping charges on American Gold Eagles coins of all sizes at these web sites:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
Compare American Silver Eagles for sale at:
BGASC.com
Golden Eagle Coins
SD Bullion
Money Metals Exchange
—————————————–
If you have enjoyed this report, please consider sharing it, buying your precious metals through the Smaulgld affiliates linked to on this site* and subscribing (for free) to Smaulgld.com.
Please consider making a small donation to Smaulgld.com. Thanks!
Get Free Updates From Smaulgld.com
Subscribe to Smaulgld.com to receive free gold and silver updates, news and analysis.
Please visit the Smaulgld Store for a large selection of recommended Kindles, books, music, movies and other items.
You can support Smaulgld.com by making all your Amazon purchases through the search widget below and by ordering your gold and silver by clicking on the BGASC, Money Metals Exchange, Gold Broker, Golden Eagle Coin, GoldMoney, SD Bullion and Canadian Mint ads on the site.
Browse Collectible Coins on Amazon
DISCLOSURE: Smaulgld provides the content on this site free of charge. If you purchase items though the links on this site, Smaulgld LLC. will be paid a commission. The prices charged are the same as they would be if you were to visit the sites directly. Please do your own research regarding the suitability of making purchases from the merchants featured on this site.
Chart Disclaimer: Information presented here has been obtained from a third party and is presented for information purposes only. Smaulgld can not and does not guarantee the accuracy or timeliness of the data displayed on this site and therefor the data provided should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that Smaulgld assumes no responsibility for the integrity of data on this site.
The content provided here is for informational purposes only. Making investment decisions based on information published by Smaulgld (SG), or any Internet site, is not a good idea. Accordingly, users agree to hold SG, its owner and affiliates, harmless for all information presented on the site. SG presents no warranties. SG is not responsible for any loss of data, financial loss, interruption in services, claims of libel, damages or loss from the use or inability to access SG, any linked content, or the reliance on any information on the site.
The information contained herein does not constitute investment advice and may be subject to correction, completion and amendment without notice. SG assumes no duty to make any such corrections or updates. As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment. SG disclaims any and all liability relating to any investor reliance on the accuracy of the information contained herein or relating to any omissions or errors and as such disclaims any and all losses that may result.
Send Litecoin to this address:
