I may know why China is selling US bonds and buying gold. Could it be because China can't pay its old bonds to US bondholders?

kyzr

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So if congress is interested in collecting a $trillion from China for US bondholders, and China is divesting US bonds and buying gold, there goes our collateral?

US Senators Introduce Groundbreaking Bill to Collect $1 Trillion Chinese Debt Owed to Americans​


China Abruptly Sells $8,200,000,000 in US Treasuries​


This is a new fact for me. I didn't know China owes us a $trillion for bonds.

So what are the odds Trump/Vance can collect what is owed from China?

We still have about $757b of bonds held by China, can they be used as repayment?
 
A friend of mine has Glen Beck on in his garage. I had to chuckle the other day. For years Beck pushed gold. On his show the other day he warned over the price of gold.
 
A friend of mine has Glen Beck on in his garage. I had to chuckle the other day. For years Beck pushed gold. On his show the other day he warned over the price of gold.
A broken clock is right twice a day. When China started buying tons of gold, the price of gold went crazy.

How long will they be buying?

Until they dump all US bonds?
 
So if congress is interested in collecting a $trillion from China for US bondholders, and China is divesting US bonds and buying gold, there goes our collateral?

US Senators Introduce Groundbreaking Bill to Collect $1 Trillion Chinese Debt Owed to Americans​


China Abruptly Sells $8,200,000,000 in US Treasuries​


This is a new fact for me. I didn't know China owes us a $trillion for bonds.

So what are the odds Trump/Vance can collect what is owed from China?

We still have about $757b of bonds held by China, can they be used as repayment?
It probably goes back to China being charged for the Opium wars.
 
If China is dumping bonds in order to buy gold they are selling them below face value and taking a huge loss. This will be a windfall for those who buy up those bonds and hold them to maturity.
 
So if congress is interested in collecting a $trillion from China for US bondholders, and China is divesting US bonds and buying gold, there goes our collateral?

US Senators Introduce Groundbreaking Bill to Collect $1 Trillion Chinese Debt Owed to Americans​


China Abruptly Sells $8,200,000,000 in US Treasuries​


This is a new fact for me. I didn't know China owes us a $trillion for bonds.

So what are the odds Trump/Vance can collect what is owed from China?

We still have about $757b of bonds held by China, can they be used as repayment?

China doesn't owe $1 trillion on old bonds.
 
I'm scratching my head trying to figure out how they came up with the idea that bond holders OWE anything. They are the creditors not the debtors.

China issued bonds in the early 1900s and stopped paying after the commies took over.

It takes really bad math, like AOC level bad math, to say they owe $1 trillion or more.
 
China issued bonds in the early 1900s and stopped paying after the commies took over.

It takes really bad math, like AOC level bad math, to say they owe $1 trillion or more.
Thanks, I missed that. I thought the OP was about the massive number of American treasury bonds that they currently hold.
 
Thanks, I missed that. I thought the OP was about the massive number of American treasury bonds that they currently hold.

From the first article in the OP.

The roots of the debt tussle trace back to the early 20th century when the Republic of China, pre-dating the PRC, rolled out significant volumes of sovereign gold-denominated bonds. These long-term bonds, secured by Chinese tax revenues, were designed to fund infrastructure development and various governmental programs. The debt obligations remained unsettled after the establishment of the PRC in 1949, sparking the ongoing dispute.
 
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