China announced today that it will either stop or significantly reduce buying US Treasuries- not good news for the US financial Ponzi scheme.
I would expect other asset classes, including silver and gold, to enjoy gains on this news.
Also if China indeed does halt the purchase of US Treasuries don't be surprised if the bond bubble finally bursts.
For those in the know this could be a very intentional move by the alliance to collapse the USD.
May be a good time to load up on PHYSICAL silver and gold- holding precious metal certificates is only as valuable as the issuers precious metal stockpile which most of us also realize is far less than certificates issued.
If you have no silver or gold I strongly recommend 'junk' silver as your first precious metal purchase. Junk silver is US dimes and quarters (90% silver) minted prior to 1965. The reason I think it's best to have junk silver is in the event of a currency collapse you don't want to give someone a 1 ounce silver coin or bar for a loaf of bread- silver dimes and quarters could much more easily act as currency than could larger coins/bars/ or even gold.
