美元臨近崩潰點 !

This appears on today a major Chinese paper's business section. I jokingly told my breakfast member that I will go home now and start to dig out even the smallest USD change and sell them. This is another classic example how idiotic the local zombie media are. Even when they carry others' essays , they cannot even select those better quality ones but just like their political essays - "play it safe and stick to the herds" mentality. I took another look at my charts and I remain firm on my opinion that most major currencies should fuck down big soon.

Please pay attention that this essay is about "上季 ". The recent development is most major central banks have been loading up USD. If they are fast becoming the Japanese banana notes, why are they buying ? As for "崩潰", I never buy that story. I think all the central banks (including that of China , Russia , Iran and Dr. M's Malaysia) fully understand the consequence of a collapsed USD will do the world's economy:-

美元臨近崩潰點‧全球中行大舉分散美元儲備


（美國‧華盛頓）外匯儲備充沛的各國中行日益冷落美元，青睞歐元和日圓，令美元在創下近20年來最大雙季跌幅後進一步承受貶值壓力。

根據《彭博社》資料，上季度各國外匯儲備增加4130億美元，創至少2003年以來最多，達到7.3兆美元。根據巴克萊資本最新資料，報告儲備明細的國家第二季度將63%的新資金投入歐元和日圓，創下歷來季度最高比例。

各國決策者正在將拋售美元的威脅付諸實施，而奧巴馬政府顯示只要貶值不會嚇跑美公債權人，願意容忍美元貶值，以支持美國出口和經濟。各國中行分散外匯儲備預示美元不會很快回升，美元在過去6個月按貿易加權計算貶值了10.3%，創1991年以來的最大雙季貶幅。

全球中行“來真的”

聯儲局前研究員、現任巴克萊駐紐約的美國貨幣首席策略師英格蘭德（Steven Englander）說：“全球中行正在更認真地對待分散美元儲備，而過去他們只是紙上談兵。看來他們會真的遠離美元。”

美元在新增儲備所佔比重從1999年以來的平均63%下降至37%。英格蘭德在報告中說，第3季度分散美元儲備的趨勢加快。他接受採訪時說，未來幾個月仍然存在繼續分散美元外匯儲備的動力。

美元四面楚歌，因為美國財政部標售創記錄的債券，為截至9月30日的2009年財年合計1.4兆美元的預算赤字籌資。