InvestmentWatchBlog – U.S. Dollar Collapse In Process: China Converting U.S. Dollar Debt Holdings Into Gold At Accelerating Rate, U.S Needs $Trillion’s More, Kicking The Can Down The Road, QE5 Is Already Here – 9 November 2013

China Converting U.S. Dollar Debt Holdings Into Gold At Accelerating Rate

China, Russia and other nations are exiting their dollar-denominated holdings in favor of gold. This action should put pressure on the dollar and U.S. treasuries, pushing not only central banks, but mainstream investors towards the safety of precious metals and other tangible assets that cannot be defaulted on. There will be a rush out of dollars and into assets with no counter-party risk, it is just a matter of how soon it happens.