Replies to post #18145 on First Mining Gold Corp (FFMGF)

[SeaBlue]

Crux Investor is interviewing FF next. Send them any questions you have.

[Pollisis]

I agree. It’s interesting because I’ve read a couple of articles over the last year or two that say that China has been very quietly taking out loans from various banks using their treasuries as collateral to finance infrastructure projects in Africa. The real purpose behind the loans is to stealthily get out of US dollars without A. Crashing the treasury market and B. Prohibit the US from being able to seize those dollar assets as they did with the Russian reserves. The idea would be that at a particular moment, China would simply default on those loans and the corresponding banks would take the treasuries to satisfy the loans. In one moment, China could rid itself of a trillion dollars in treasuries without losing a penny.
It’s a very interesting theory however I have no idea if any of it is true. I guess time will tell.