| Tuesday, November 1, 2016 | | | The Scary Way Putin's "Outsmarting" Us Right Now And it's clearly evident he's found a newfound ally in... China! In fact, Putin is planning as many as 58 separate trade deals worth $50 billion in sectors including energy... finance... high tech... and many others. The 2 countries are already partners on a $400 billion deal for Russia's Gazprom to supply China with natural gas for the next 30 years. And it's not just China he's courting... Putin has also locked in 40 countries that want to be part of his ambitious new "Eurasian Economic Union," or EEU. (The U.S. isn't invited.) Putin's going beyond trade... and now he's chopping away at the dollar... In fact, Russia has cut its holdings of U.S. Treasurys by $9.4 billion since January. China, the largest buyer of U.S. debt, has slashed its holdings by $85 billion since last August... And Japan, the second-largest buyer, has axed its holdings by $53 billion since then! Then... get this... Saudi Arabia sold $30.7 BILLION in U.S. Treasurys since the start of the year... And has publicly threatened to dump another $750 BILLION. "There are many countries that would be happy to join in dethroning the U.S. dollar," one Forbes contributor wrote. In fact, an upcoming November meeting of the top delegates from the most powerful countries in the world could put a dagger in America's currency. Sean says there are widely held stocks you MUST sell immediately, as well as 3 rock-solid investments to make right now in the face of threats against our currency. Good investing, Andrew P.S. Between January and June 2016, global central banks sold a HISTORIC $192 billion worth of U.S. debt - the largest amount in the first half of any year dating back to 1978. The worldwide Treasury sell-off of '78 led to 5 straight years of economic recession. Here's why it could happen all over again. |
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