China Is Selling Dollars And Treasuries To Buy Euros And Bunds

[BLMFem]

More and more winning!

 

Peter Schiff: 'China Is Selling Dollars And Treasuries To Buy Euros And Bunds.' Crashing The Markets Not Part Of A 'Genius Master Plan'

 

"In a post on X on Thursday, Schiff said Trump’s tariffs are strengthening ties between China and the European Union. “It’s likely that China is selling dollars and Treasuries and buying euros and bunds,” Schiff wrote. “This will allow the [European Central Bank] to keep interest rates and inflation low and China to sell more goods to the EU.”

 

[FlorC]

8 minutes ago, BLMFem said:

It’s likely that China is selling dollars and Treasuries

Not proven and only a part of it.

 

Not to deflect but India is smarter :

India considers gold, silver imports from US to bridge trade deficit - Hindustan Times

 

Yes,  considers , but good move.

Instead of getting paid in USD for their products , they may buy the only interesting thing/product the US

has to offer and where there is demand for in India : gold & Silver.

Since bankers and the FED don't consider it as money , India buy some "commodities" for their USD's.

Reducing trade inbalances. Brilliant.

China should do the same.

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28 minutes ago, FlorC said:

Not proven and only a part of it.

 

Not to deflect but India is smarter :

India considers gold, silver imports from US to bridge trade deficit - Hindustan Times

 

Yes,  considers , but good move.

Instead of getting paid in USD for their products , they may buy the only interesting thing/product the US

has to offer and where there is demand for in India : gold & Silver.

Since bankers and the FED don't consider it as money , India buy some "commodities" for their USD's.

Reducing trade inbalances. Brilliant.

China should do the same.

Well, for one thing, there's a question about whether the USA usually is a net producer or net importer of gold. From Chatgpt

U.S. Gold Consumption vs. Production

• Consumption: In 2023, the U.S. consumed approximately 250 metric tons of gold. Statista

• Production: In the same year, the U.S. produced about 160 metric tons of gold. Statista

This indicates a shortfall of around 90 metric tons, meaning the U.S. consumed significantly more gold than it mined domestically. So wherever they're putting their money, not likely to be American gold. 

The same goes for silver

Yes, the United States consumes more silver than it produces, relying significantly on imports and recycling to meet its demand.

U.S. Silver Production and Consumption

• Mine Production: In 2024, U.S. mines produced approximately 1,000 metric tons of silver, primarily as a byproduct from base and precious metal mining operations.

• Refined Silver Output: U.S. refiners reported a total output of 2,400 metric tons of commercial-grade silver in 2024. This figure includes silver recovered from both domestic and foreign ores, concentrates, and recycled materials. U.S. Geological Survey+2U.S. Geological Survey+2U.S. Geological Survey+2

• Apparent Consumption: While the exact consumption figure for 2024 isn't specified, historical data indicates that the U.S. consistently consumes more silver than it produces. For instance, in 2022, the net import reliance was 69% of apparent consumption, highlighting a significant dependency on foreign sources. U.S. Geological Survey

 

Recently, the US has been a been a huge net importer. Most likely out of fear of tariffs..So, no, it's unlikely that they are buying  gold and silver from the US.

 

America’s appetite for gold is ‘sucking’ bullion out of other countries

https://www.cnbc.com/2025/02/28/us-gold-demand-is-sucking-bullion-out-of-other-countries.html

 

[RayC]

Trump's strategy seems to be working. Conflicting parties are hinting at a willingness to work together 

 

https://www.politico.eu/article/spain-pedro-sanchez-champions-china-key-eu-partner-amid-donald-trump-trade-war/