RE: RUSSIA DUMPS 85% of its holdings in US treasuries in the last two months AND BUYS GOLD!! BITCOIN 8148 looks to base at support. STATMAN comments!

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RUSSIA DUMPS 85% of its holdings in US treasuries in the last two months AND BUYS GOLD!! BITCOIN 8148 looks to base at support. STATMAN comments!

in cryptocurrency •  6 years ago 

Love your stuff (especially on the Yankees) but China dumping US bonds is like biting the hand that feeds you. One of my suppliers is Foxconn and the sentiment there is to preserve the only customer that buys iPhones for their 7 year olds.
We are all intertwined in the debt bubble. If we go down, the rest is history.
What's up with AJ? He's losing me a ton of BTC on the DL. We always bet on 2nd year players.

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Thanks..I wish I had an answer..(AJ)..But this debt situation is going to make '08 look like a walk in the park...thanks so much for the support!