Steve Quayle’s Alerts and Hot Headlines

Program Note: Hawk guests on Omega Man Radio Tuesday Sept. 20; 8 pm Eastern. Listen live / Chat

China to ‘Liquidate’ US Treasuries, Not Dollars: The debt markets have been warned. A key rate setter-for China’s central bank let slip – or was it a slip? – that Beijing aims to run down its portfolio of US debt as soon as safely possible. “The incremental parts of our of our foreign reserve holdings should be invested in physical assets,” said Li Daokui at the World Economic Forum in the very rainy city of Dalian – former Port Arthur from Russian colonial days. “We would like to buy stakes in Boeing, Intel, and Apple, and maybe we should invest in these types of companies in a proactive way.” more

Is China Ready To Pull The Plug? There are two mainstream market assumptions that, in my mind, prevail over all others. The continuing function of the Dow, the sustained flow of capital into and out of the banking sector, and the full force spending of the federal government are ALL entirely dependent on the lifespan of these dual illusions; one, that the U.S. Dollar is a legitimate safe haven investment and will remain so indefinitely, and two, that China, like many other developing nations, will continue to prop up the strength of the dollar indefinitely because it is “in their best interest”. In the dimly lit bowels of Wall Street such ideas are so entrenched and pervasive, to question their validity is almost sacrilegious. more

Is Revolution Hitting U.S. Streets Tomorrow? Fight “market dictatorship” – “People of the world rise up!” – “We are legion.” – “Take to the streets.” These and other battle cries were posted on the recent Twitter feed of a group calling itself Take The Square. The organization is one of the social media planners behind the “Day of Rage” protest slated to target Wall Street on Saturday. WND previously reported how the U.S. section of the protest, complete with a planned tent city in downtown Manhattan, is closely tied to the founders of ACORN and leaders of major U.S. unions, including the Service Employees International Union, or SEIU. more

Saudis ‘Eye Pakistani Nukes’ To Face Iran: Saudi Arabia has been beefing up its military links with Pakistan to counter Iran’s expansionist plans and this reportedly includes acquiring atomic arms from the only Muslim nuclear power or its pledge of nuclear cover. Pakistan has become a front-line state for Sunni Islam and is being positioned by its leaders, particularly in the powerful military and intelligence establishments, as a bulwark against Shiite Iran and its proxies. morego to archives