Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by deathmaster @ Mon, 21 Jul 2008 01:45:12 +0800

deathmaster — Mon, 21 Jul 2008 01:45:12 +0800

i think the dollar's fall this time round is permanent.

unlike in the 1970s, the usa no longer have gold peg to the currency.

after dropping the gold standard, the currency's strength is largely base on US property prices and debt spending.

now, it has reach a point where the USA is no longer able to repay its debt, and its property market doesn't look good either (even if it did 'recover', we all know that all this will happen again, if we are to depend on a property bubble to support the world's economy)

it would be better to ditch the dollar for the RMB. China seems to be very very eager on soaking up US treasury bills... may as well sell our stock of us currency to them.

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by SevenEleven @ Fri, 18 Jul 2008 12:49:07 +0800

SevenEleven — Fri, 18 Jul 2008 12:49:07 +0800

Originally posted by lionnoisy:

tell me who is the smart investors who can hold a investment which is keep

on appreciation without falling in price?Who and which products and period of holding?

tell me. will you be still around in 30 years time to take responsible of your investment

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by eagle @ Fri, 18 Jul 2008 11:48:43 +0800

eagle — Fri, 18 Jul 2008 11:48:43 +0800

Originally posted by lionnoisy:

tell me who is the smart investors who can hold a investment which is keep

on appreciation without falling in price?Who and which products and period of holding?

Warren Buffett

Bought Wells Fargo only around Feb 08 I think. Still holding on to it. Recent dividends can still give 34 cents

Jim Rogers -- commodities

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by lionnoisy @ Fri, 18 Jul 2008 11:40:27 +0800

lionnoisy — Fri, 18 Jul 2008 11:40:27 +0800

tell me who is the smart investors who can hold a investment which is keep

on appreciation without falling in price?Who and which products and period of holding?

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by SevenEleven @ Fri, 18 Jul 2008 11:39:57 +0800

SevenEleven — Fri, 18 Jul 2008 11:39:57 +0800

who knows

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by lionnoisy @ Fri, 18 Jul 2008 11:38:47 +0800

lionnoisy — Fri, 18 Jul 2008 11:38:47 +0800

Hi Andrew,i think u know what is the differences between creditors

and shareholders.

What is the current status of GIC or Temasek in the holding in mentioned above?

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by AndrewPKYap @ Fri, 18 Jul 2008 11:13:26 +0800

AndrewPKYap — Fri, 18 Jul 2008 11:13:26 +0800

Merrills posts another huge loss
CITY A.M., UK - 4 hours ago
The bank has alrady raised nearly £18bn in new captial from nearly $18bn since December from investors including Singapore's Temasek,

Merrill Lynch reports $4.9 billion loss
CNNMoney.com - 56 minutes ago
Nation's largest brokerage suffers its fourth-straight quarterly loss, confirms plans to sell Bloomberg stake for $4.43 billion.
Merrill posts $4.9 billion loss, sells Bloomberg stake Reuters
Merrill Can't Stop The Bleeding Forbes
guardian.co.uk - Bloomberg - Los Angeles Times - BBC News
all 420 news articles » MER - TSE:MLC

Deprive the Singapore private companies of resources and then lose the money to foreigners! Dishonorable despots.

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by AndrewPKYap @ Fri, 18 Jul 2008 11:00:33 +0800

AndrewPKYap — Fri, 18 Jul 2008 11:00:33 +0800

Smart or Idiots? Taking money from Singaporeans and spend it on foreigners?

Honorable governments leave the money with the privaste sector to invest but dishonorable govenrments, like the despots here, grab the money and lose it to foreigners.

That is why there are no Sony or Samsung in this despotic country.

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by lionnoisy @ Fri, 18 Jul 2008 10:47:23 +0800

lionnoisy — Fri, 18 Jul 2008 10:47:23 +0800

Originally posted by SevenEleven:

banks here are promoting a buy in greenback as they forcasted that it's going to go up to S$1.44 to US$1 in a few months time.

have i says the green back will falls forever?

but no one know the future.

If u add the 5 T Fannie's debts to existing 9.5 T federal debts,

the total debts would be more than 100% GDP!

Some pple said u have debts only u have good credibility!

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by lionnoisy @ Fri, 18 Jul 2008 10:44:47 +0800

lionnoisy — Fri, 18 Jul 2008 10:44:47 +0800

Since the subprime surface in mid 2007,other foreign countries still keep

on incresaing their US bills in their portfolio,but not SG.

Since May 2007,Foreign holding of US bills up 20% to May 2008.

SG stock of US bills drops 10 % in the same period.Smart move!!

No wander Tony Tan said they already sold some assets in 1Q and 2 Q 2007!!

Intelligences count

http://online.barrons.com/article/SB121581623724947273.html?mod=ba_mp_view&page=4

This show US property peaked at 2 and 3 Q in 2006.

Stock market reacted later.We only heard subprime

in 2007!!

Smart guys or harding working guys or dunt --follow--the--crowd guys

can earn few bucks for SG.

Kudos to money making guys

Thanks guys.We still need lot of $$ to build schools,hospitals,computers

for kids,and lot of HDB etc

I am wandering how many economics /investments guys work for SG around

the world 24/7,disregard their nationality!!

i heard 40 % work in Temasek and GIC are foreigners.

Well done bro and sis!!

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by SevenEleven @ Fri, 18 Jul 2008 10:36:06 +0800

SevenEleven — Fri, 18 Jul 2008 10:36:06 +0800

banks here are promoting a buy in greenback as they forcasted that it's going to go up to S$1.44 to US$1 in a few months time.

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by lionnoisy @ Fri, 18 Jul 2008 10:31:50 +0800

lionnoisy — Fri, 18 Jul 2008 10:31:50 +0800

can u help me to analyse the short and long term bills.



SG is holding about US$ 31 billions,the top 16 th country 



holding US bills.





Temasek and GIC are estimated holding US $ 100 



to 300 billions of net





assets.It seem SG can afford to hold this amount,



despite the falling Dollar.

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by SevenEleven @ Fri, 18 Jul 2008 10:30:04 +0800

SevenEleven — Fri, 18 Jul 2008 10:30:04 +0800

when the US govt bailed out the mac and mae, they will be printing money and this may further cause the greenback to slide further

Smart guy!Foreign holds US bills up 20%.SG drops 10% replied by lionnoisy @ Fri, 18 Jul 2008 10:27:29 +0800

lionnoisy — Fri, 18 Jul 2008 10:27:29 +0800

http://www.treas.gov/tic/lb_46019.txt

At last.I get the info that how much SG is holding US Treasury Securities

http://www.treas.gov/tic/lb_46019.txt

    

    can u help me to analyse the short and long term bills.

    SG is holding about US$ 31 billions,the top 16 th country holding US bills.

     Temasek and GIC are estimated holding US $ 100 to 300 billions of net

    assets.It seem SG can afford to hold this amount,despite the falling Dollar.