The Southeast Asian Treasure Connection

YAMASHITA'S / WW2 TREASURE => General Chat about WWII LOOT => Topic started by: ZOBEX on September 03, 2019, 05:50:24 AM

Title: Bonds
Post by: ZOBEX on September 03, 2019, 05:50:24 AM
Just when you think Trump can't get and stupid'r he out does himself again.

https://www.rt.com/business/467802-china-imperial-debt-us/

So how about all those Gold Bonds from the Fed Res we keep finding in the PH "

Z

Title: Re: Bonds
Post by: ZOBEX on September 03, 2019, 05:53:43 AM
China could bring up the issue of the stolen gold out of Burma by the British and held well - - - .
Title: Re: Bonds
Post by: admin on September 03, 2019, 11:08:28 PM
Well there you go! LOL
TW
Title: Re: Bonds
Post by: Agusan_Mike on September 04, 2019, 05:45:29 AM
Trump is Brilliant. And the bonds aren't the issue:

China Will Not Attack The Dollar Directly, But Is Surrounding It For Death Knell… 


US allies would then need to choose between the two: the collapsing dollar, with no backing to shore it up, or a Gold-backed renminbi.

 Many countries outside the US see the US approach to diplomacy as: Bluster and Intimidate. 
Whilst, typically, US diplomats wear suits and appear businesslike in their manner, their message is often considerably different. If the US states what it wants from another country and that country then chooses to decline, the response by the US is often an “in your face” approach not unlike that associated with the image of a wild-West sheriff.

The message received from the US is often along the lines of, “We’ve decided what your role in the world should be, so get with the program or you’ll feel our boot on your neck.”

It should be said that it makes no difference to the country on the receiving end whether it is a left boot or a right boot; whether the current US president is a democrat or republican is of no consequence. The country feels the boot equally, whichever party is in power. And the message and the objectives remain the same, regardless of which party is presently in control.

As offensive and reprehensible as this approach is, the countries of the world often simply cave in to such behavior. They understand that if a country’s leader were to decide to, say, cease to trade in US dollars, his country might be attacked for trumped-up reasons and the leader could end up in a pine box. (This approach has been employed on more than one occasion in recent years.)

The threat from the US is therefore very real.

But presumably, this bullying approach would be less effective if attempted against one of the world’s more powerful countries. If, for example, the US were to find itself in a situation such as the present one with China, in which the US appeared to be losing its battle over the dollar’s power as the world’s reserve currency, what would occur? Would the US attempt to bully China? And if the ploy failed, would the US draw its six-guns and fire off a few rounds in the air for emphasis?

And if the above were to take place, what would the Chinese reaction be? Would they retaliate in a similar manner—the diplomatic equivalent of an American baseball player butting chests with an umpire—each one childishly seeking to win through sheer bluster?

Here, it would be useful to consider Chinese culture. Traditionally, bluster and braggadocio are not consistent with Chinese behavior. The Chinese tend to take a quieter, more thoughtful approach, one that employs patience and careful timing.

It might be useful to consider the traditional game of Wéiqí (aka Go), a board game that was first played in China thousands of years ago and is still popular to this day.

In Wéiqí, the objective is to place the playing pieces on the board one at a time, in an effort to surround the pieces of the opponent. (Once the pieces are surrounded, they are considered taken.) Of interest is that a common tactic is to avoid being obvious in the effort to surround the opponent’s pieces. The greater the subtlety of play, the greater the likelihood of eventual success. In essence, the philosophy is the exact opposite of the US approach. It is one of surrounding the opponent, rather than meeting him head-on.

The game of Wéiqí is of greater significance in China than, say, Monopoly is in the US. It contains a philosophy that is basic in Chinese thinking. Although this is not a game that is likely to become popular in Las Vegas, it is one that informs Chinese diplomacy.

Aside from the occasional comment from the Xinhua News Agency suggesting building a “de-Americanized world,” the Chinese have generally kept their cards close to their vest.

Returning to the question of the dominant currency in the world, the US is unquestionably following its wild-West sheriff approach in demanding that the dollar remain the world’s default currency: taking military action against those who move in another direction.

Meanwhile, the Chinese have been quietly expanding the power of the renminbi, first by encouraging its use internationally, then working out currency agreements with the BRICS, ASEAN, etc. More recently, they have created agreements with Western countries like Australia and the UK to trade in the renminbi.

As in a game of Wéiqí, China is not attacking the dollar directly. They are surrounding it, by creating relationships first with their own close allies, then with the US allies. If they continue in this tactic, it is likely that they will complete their ability to trade with all or most of the world in the renminbi, then announce to the US that, in order to continue to buy Chinese sneakers to sell in Walmart, the renminbi must be used.

At that point, should the US refuse, China would be in a position to say, “You’re an important customer, but if we lose you as a customer, we will still be able to maintain our present relationship with the rest of the world without you.”

The question would then be whether the US need for Chinese goods is greater than the Chinese need to sell them those goods. There can be no doubt that both countries want the relationship to continue; however, the one who could hold out the longest would be the victor—in essence, a game of economic “chicken.”

At such a point, the US would be likely to appeal to its allies to step in and side with them. But if the event were timed by the Chinese to coincide with massive inflation of the US dollar, the US allies would then need to choose between the two: the collapsing dollar, with no backing to shore it up, or a gold-backed renminbi.



Title: Re: Bonds
Post by: admin on September 04, 2019, 11:41:47 AM
Jesus, Mike. LOL
TW
Title: Re: Bonds
Post by: tninja on September 05, 2019, 10:26:40 AM
Gold will be explosive, unlike anything we’ve seen says Canada’s billionaire Frank Giustra

https://www.youtube.com/watch?v=BnTHFGS58iE

"It's going to blow through $1900"
Title: Re: Bonds
Post by: fom1113 on September 06, 2019, 10:33:06 AM
https://youtu.be/pZokKKVry8w

Maybe he's right.
Title: Re: Bonds
Post by: ZOBEX on September 07, 2019, 04:33:16 AM
So you figure it is going to be OK huh ?

On very good source, very good, the Japanese Government has made an agreement with DU30 to open up the big bunkers the BIG ones.  A sharing agreement has been signed.  Japan claims this is for monetizing of the gold bars which naturally are all going to be shipped to Japan and not left in the Philippines.  Naturally the Filipino people are going to be holding some pieces of paper as receipts.  Wow paper, for 50,000 tons of gold you get something you can wipe your ass with.  Such a deal.  What the dumbloves in the PH don't know or care is it is not Japan that is monetizing the gold.  Japan is now working as a front for Trump (love head trump).  So what that means, the US Dollar everyone has now will be disavowed and replaced with the gold backed dollar Trumps friends create with the gold dug up in the PH.  Double Wow.  Just think, we give Trump gold bars via Japan and now not only do we get paper but we get no-paper electrons in a non secured bank account.  Such-A-Deal I make for you.  No dirty paper for you, just keep all your  electronic money on your IPhone.  How good a deal that is.

One good way to wash away the 200 Trillion USG debt is to just disavow it and issue new money to all your business associates plus some little for everyone else.

This is no some rumor, it has already been signed in Manila.  Digging starts next month.

Another Trump Deal of the Century.  Remember all his promises, yea the deals just keep rolling in.  BTW don't try to make any deal with the PH government over any bunker or deposit you find.  YOU are not part of the club and your finds will be taken in the name of The People, like Aquino did to the Marcos revolution.  Remember "Power To The People"  that means to the people in charge.

Hey what happened to that midget Arroyo, how many years in jail was that for corruption ?




Title: Re: Bonds
Post by: ZOBEX on September 07, 2019, 04:35:09 AM
No what I met was -TheDumbestloveersOnEarth-


So you figure it is going to be OK huh ?

On very good source, very good, the Japanese Government has made an agreement with DU30 to open up the big bunkers the BIG ones.  A sharing agreement has been signed.  Japan claims this is for monetizing of the gold bars which naturally are all going to be shipped to Japan and not left in the Philippines.  Naturally the Filipino people are going to be holding some pieces of paper as receipts.  Wow paper, for 50,000 tons of gold you get something you can wipe your ass with.  Such a deal.  What the dumbloves in the PH don't know or care is it is not Japan that is monetizing the gold.  Japan is now working as a front for Trump (love head trump).  So what that means, the US Dollar everyone has now will be disavowed and replaced with the gold backed dollar Trumps friends create with the gold dug up in the PH.  Double Wow.  Just think, we give Trump gold bars via Japan and now not only do we get paper but we get no-paper electrons in a non secured bank account.  Such-A-Deal I make for you.  No dirty paper for you, just keep all your  electronic money on your IPhone.  How good a deal that is.

One good way to wash away the 200 Trillion USG debt is to just disavow it and issue new money to all your business associates plus some little for everyone else.

This is no some rumor, it has already been signed in Manila.  Digging starts next month.

Another Trump Deal of the Century.  Remember all his promises, yea the deals just keep rolling in.  BTW don't try to make any deal with the PH government over any bunker or deposit you find.  YOU are not part of the club and your finds will be taken in the name of The People, like Aquino did to the Marcos revolution.  Remember "Power To The People"  that means to the people in charge.

Hey what happened to that midget Arroyo, how many years in jail was that for corruption ?
Title: Re: Bonds
Post by: ZOBEX on September 07, 2019, 04:36:17 AM
OK TW will try to bypass your speech filter on some other day.

Z



quote author=ZOBEX link=topic=3267.msg35019#msg35019 date=1567802109]
No what I met was -TheDumbestloveersOnEarth-


So you figure it is going to be OK huh ?

On very good source, very good, the Japanese Government has made an agreement with DU30 to open up the big bunkers the BIG ones.  A sharing agreement has been signed.  Japan claims this is for monetizing of the gold bars which naturally are all going to be shipped to Japan and not left in the Philippines.  Naturally the Filipino people are going to be holding some pieces of paper as receipts.  Wow paper, for 50,000 tons of gold you get something you can wipe your ass with.  Such a deal.  What the dumbloves in the PH don't know or care is it is not Japan that is monetizing the gold.  Japan is now working as a front for Trump (love head trump).  So what that means, the US Dollar everyone has now will be disavowed and replaced with the gold backed dollar Trumps friends create with the gold dug up in the PH.  Double Wow.  Just think, we give Trump gold bars via Japan and now not only do we get paper but we get no-paper electrons in a non secured bank account.  Such-A-Deal I make for you.  No dirty paper for you, just keep all your  electronic money on your IPhone.  How good a deal that is.

One good way to wash away the 200 Trillion USG debt is to just disavow it and issue new money to all your business associates plus some little for everyone else.

This is no some rumor, it has already been signed in Manila.  Digging starts next month.

Another Trump Deal of the Century.  Remember all his promises, yea the deals just keep rolling in.  BTW don't try to make any deal with the PH government over any bunker or deposit you find.  YOU are not part of the club and your finds will be taken in the name of The People, like Aquino did to the Marcos revolution.  Remember "Power To The People"  that means to the people in charge.

Hey what happened to that midget Arroyo, how many years in jail was that for corruption ?
[/quote]
Title: Re: Bonds
Post by: ZOBEX on September 07, 2019, 04:41:05 AM
Sodom dumbest di Bumi.
Title: Re: Bonds
Post by: tninja on September 07, 2019, 07:16:43 AM
Will a Currency Crisis Bring Down China? (w/ Kyle Bass & Raoul Pal)

https://www.youtube.com/watch?v=9eDY-x6FRFY

Just wanted to share this brand new video. Really good and informative discussion.

As for Trump, he seems like such a dumbass sometimes. But personally I think he's actually a mastermind and knows exactly what he's doing. Someone had to do what he's doing with China. Who else would have done this? There is not a single person on Earth who would have confronted China like this. Meanwhile Biden's eyeballs are bleeding out on stage as he tries to gather his thoughts to form a decent sentence. Part of me is in pain to say this, but we really need to re-elect Trump.

Good info Mike and Zobex thanks for sharing.

Title: Re: Bonds
Post by: ZOBEX on September 07, 2019, 12:51:37 PM
With long teeth and dread, I concur.  Trump should be re-elected as the least worst of the bunch.  Blood Eye Biden is a 2-face dick, his personality in person is not what you see.  He has a weird habit desire to wander around the VP White House naked at night in front of everyone.  Creepy Uncle Joe Biden.  What ever happened to normal people ?  Why is it in politics everyone is 2-faced, back stabbing, sex wacos with huge egos and small brains.  Where did common sense and civility go ?


Z
Title: Re: Bonds
Post by: Agusan_Mike on September 07, 2019, 05:49:20 PM
It’s evident that despite the nonstop anti-Trump war waged by countless forces, the President and his policies remain considerably popular. The public is largely aligned with his agenda, has become accustomed to his unconventional style and appreciates that he’s smashing the corrupt status quo, improving their lives and doing what it takes to enhance the nation’s security.
Throughout Trump’s brief but stellar political career, one thing has held true: The more he’s attacked, the more he thrives, the more the public rallies to him, the more success he enjoys. Instead of damaging him as intended, the relentless attacks merely bolster him, particularly when joined with the public’s endorsement of his policies. This, of course, only generates even more fury from his adversaries, who know they’re stuck in the infinite purgatory of their futile resistance.
Meanwhile, the great silent majority is pretty well satisfied with the direction of the country — and with the singularly unique President leading it.
Title: Re: Bonds
Post by: Voyager on September 10, 2019, 09:42:19 AM
No regrets there. That bunker is an exclusive Japanese recovery site anyway, with 3 recoveries made but more in the tunnels inside. They really worked hard on that one starting in the 1920's. That site was mentioned by Sterling Seagrave in his Gold Warrriors book as a possible Golden Lily Theme Park someday.  Besides we need the money to clean the mess that the US (as always) left.
Now that the story is out, let me make an emphasis here.  In 2012, there was a stand off between China and the Philippines on the West Phillippine Sea territory.  So the US meddled and assured us that they will make all parties leave and requested RP to go first.  Well, the gullible Pres. Pinoy did so, but after we left China stayed put!! Then Pres. Pinoy went to UNCLOS and we won.  But now who shall tell China to leave? Duterte!! So whom can we blame for this mess?? Duterte of course!! Meanwhile the US laughs hard for having a revenge at our kicking them out of RP!!
Yesterday, I saw a news report at Fox News that a journalist got a close-up  picture of ISIS arms and munitions and she traced the arms origin.  It turned out it came from Eastern europe but was purchased by the US military for their supply to Afghanistan.  Oh really?  Somebody here said that in the war at Marawi the US was on both sides!! Good intel. Also, I understand that somebody here is assuring us that the US will help us out in case war erupts in WPS!! Really?? Poor intel.

As for Trump, I respect a man who went through what he went through. I'm sure he learned a thing or two along the way, knowing what China is really up to and doing something about it.  But he blinked with Iran; making us wonder if he will really make good of his threats militarily. But I heard of a move for his impeachment. Hope he can survive politically.
Title: Re: Bonds
Post by: tninja on September 10, 2019, 01:36:42 PM
I had no idea China owed the U.S. a trillion bucks...

https://www.asiatimes.com/2019/09/article/taiwan-says-it-wont-pay-century-old-debt-to-us/

Taiwan says it won’t pay century-old debt to US

Does Beijing or Taipei owe the United States up to one trillion dollars? The Trump administration is reportedly mulling actions to get back the money loaned to the government of Imperial China more than 100 years ago.

Offsprings and representatives of the original holders in the US of the “antique China debt” – issued by the Qing dynasty government (1644-1911) to fund China’s railway construction less than a year before the last monarchy was toppled in the 1911 Revolution led by Sun Yat-sen – insist that it is incumbent upon Beijing to pay back the money long overdue under the principle of the succession of states, Bloomberg reported at the end of August.

The total size of the defaulted bonds to be repaid in line with their conditions, factoring in inflation and interest, is estimated to hit the one trillion dollar mark, roughly the equivalent to Beijing’s US treasuries holdings.


The money was raised 108 years ago to fund the construction of the Hukuang Railway, as part of north-south and east-west arteries linking the central province of Hunan to the southern trading hub of Canton, now Guangzhou.

It has been reported that Trump, US Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross – both leading negotiators in the drawn-out talks to resolve the fraught trade war with China – met with some bondholders and their representatives earlier this year. The bondholders urged the president not to let Beijing absolve itself of the obligation.

In response, Chinese state media, including Sina and Global Times, said that when the Communist republic was founded in October 1949, Mao Zedong ripped up all unfair treaties and bond and loan contracts from the Qing dynasty and subsequently the Republic of China (ROC) and that the People’s Republic of China (PRC) had no liability to pay back any debts in arrears when Chiang Kai-shek absconded to Taiwan with a bundle of loans that year.

Creditors seeking redress, said the newspapers, should look for repayment from the ROC government, implying that the government in Taipei should be the debtor.

But the American Bondholders Foundation, set up in 2001 to represent holders of pre-communist Chinese debts, said in a statement that the PRC dismissing its defaulted sovereign obligations as pre-1949 Qing or ROC debts contradicts Beijing’s own line, that it is the sole successor to the ROC’s sovereign right and status and the only legal government representing China.

Taiwan has also stressed that its law governing cross-strait relations stipulates that it will not honor any claim of any debts or bonds owed by the mainland or issued there prior to 1949, until after “the unification of both sides,” admitting that repaying the US$1 trillion debt could deplete the island’s coffers.

Some of the island’s lawmakers said that many of the old bonds were issued by the Qing dynasty and subsequently the Kuomintang party-controlled ROC government before its retreat to Taiwan in 1949, so why should the ruling Democratic Progressive Party be responsible for them, especially when the railway projects financed by these loans are all on the mainland?

They say Beijing which took over all these projects from the ROC after the mainland fell to Mao’s Red Army should therefore pay back the bonds, even though the bonds predate the founding of the PRC.

A similar case in recent history went in Beijing’s favor. In 1979 there was a class action suit brought by some of these bondholders that actually brought Beijing to a US court, but the case was thrown out on the basis that the 1976 Foreign Sovereign Immunities Act, which would allow US courts to hear cases against foreign governments for commercial claims, could not be retroactively applied to bonds issued at the turn of the 20th century.