China swings back ...

[ajl]

Petro Yawns? I won't accept them will you? Fact all China's supply of USD is going to pay interest on $USD denominated debt so it is forcing Yawns on Russia and Saudi whether they want them or not taking both of those nations down with it. Actually the US ships energy including oil and NG to China right now and they get paid in $USD. This is a great opportunity. I am trying to lift my US market portfolio insurance now (sell an inverse ETF) and buy some more US assets.

[biglentil]

Petro Yawns? I won't accept them will you? Fact all China's supply of USD is going to pay interest on $USD denominated debt so it is forcing Yawns on Russia and Saudi whether they want them or not taking both of those nations down with it. Actually the US ships energy including oil and NG to China right now and they get paid in $USD. This is a great opportunity. I am trying to lift my US market portfolio insurance now (sell an inverse ETF) and buy some more US assets.

They can accept physical delivery of gold for their oil through the Shanghai Gold exchange.

[bgmb]

This is exactly what we need, Disruptive uncertainty in the world. Maybe wake up a few paper pushers to the idea that food wont always be a click away. China will not tariff US beans they need US beans. Brazil and Argentina are still somewhat unreliable sources for the Chinese compared to USA.