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Re: S32309 post# 13423

Tuesday, 08/21/2012 10:40:30 AM

Tuesday, August 21, 2012 10:40:30 AM

Post# of 29204
It all depends on your perspective. The largest foreign holder of US Treasury securities, China possesses $1.169 trillion in American debt, although it is down from all time highs of $1.314 trillion in July 2011.

Now, if you were China would you accept newly printed dollars in exchange for all of those almost worthless "T" bills or buy real assets such as oil and gas plays, acreage, farmland, houses, and refining facilities like Cheniere? BTW- Cheniere (LNG) is up almost 4% today.

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