Sunday, October 25, 2009

China Stockpiling Commodities Over Potential US Dollar Collapse

China Stockpiling Commodities Over Potential US Dollar Collapse

Owing hundreds of billions of dollars of U.S. debt has China rightly concerned, as the long-term performance of the greenback could cost them billions of dollars in losses, as the U.S. dollar loses its value.

In response, China has started buying a large amount of raw materials at a fast pace in order to hedge against that real possibility.

http://ezinearticles.com/?China-Stockpiling-Commodities-Over-Potential-US-Dollar-Collapse&id=2442894

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