DOLLAR COLLAPSE COMIN' TO A COUNTRY NEAR YOU(SOOOOON!)

GREETINGS,
AMERICA MOST ASSUREDLY IS FALLING .AS WITH HER FALL HER MEDIUM OF EXCHANGE WHICH GAVE HER UNPRECEDENTED POWER IS NOW IN DECLINE.NO ONE WANTS IT ANYMORE TO SETTLE DEBTS.WHAT A PRECARIOUS SITUATION AMERICA IS NOW IN AS SHE FACES THE WORLD(THE OLD WORLD SHE LEAD)GOING OUT WHILE WATCHING A NEW WORLD(A WORLD THAT PEOPLE OF COLOR RUNS) COMING IN.

“Author Topic: THE DECLINE OF THE DOLLAR! (Read 3395 times)

The Chairman
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THE DECLINE OF THE DOLLAR!
« on: Dec 23rd, 2005, 12:17pm » Quote Modify Remove

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IN THE NAME OF ALLAH MASTER FARD MUHAMMAD AND HIS MESSENGER,THE MOST HONORABLE ELIJAH MUHAMMAD.
ASALAAM-ALAIKUM,

TAKEN FROM FALL OF AMERICA, SURAH 20,”THE STRONGHOLD OF THE AMERICAN GOVERNMENT IS FALLING TO PIECES.SHE HAS LOST HER PRESTIGE AMONG THE NATIONS OF THE EARTH.ONE OF THE GREATEST POWERS OF AMERICA WAS HER DOLLAR. THE LOSS OF SUCH POWER WILL BRING ANY NATION TO WEAKNESS,FOR THIS IS THE MEDIUM OF EXCHANGE BETWEEN NATIONS.THE ENGLISH POUND AND THE AMERICAN DOLLAR HAVE BEEN THE POWER AND THE BECKONING LIGHT OF THESE TWO GREAT POWERS.BUT WHEN THE WORLD WENT OFF THE GOLD AND SILVER STANDARD,THE FINANCIAL DOOM OF AMERICA WAS SEALED.”
THIS DEVIL IS NOW TELLING YOU ,HIMSELF, THAT AMERICA’S FINANCIAL GLORY AND FUTURE IS DOOMED!
READ THE ARTICLES ON: www.safehaven.com/showarticle.cfm?id+4331&pv+1 ESPECIALLY THE ARTICLE:WHAT’S THE FED UP TO WITH THE MONEY SUPPLY?
« Last Edit: Dec 23rd, 2005, 12:20pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

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Re: THE DECLINE OF THE DOLLAR!
« Reply #1 on: Dec 24th, 2005, 12:35pm » Quote Modify Remove

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continued from, FALL OF AMERICA,DECLINE OF THE DOLLAR
“BUT TODAY,THE CURRENCY OF AMERICA IS NOT BACKED BY ANY SOUND VALUE-SILVER OR GOLD.THE NOTE TODAY IS SOMETHING THAT THE GOVERNMENT DECLARES THEY WILL GIVE YOU THE VALUE IN RETURN,BUT DOES NOT NAME WHAT THAT VALUE IS. BUT THEY ARE NOT BACKING THEIR CURRENCY WITH SILVER OR GOLD.
THIS IS THE NUMBER- ONE FALL,AND IT IS VERY CLEAR THAT THE LOSS OF THE POWER OF THE AMERICAN DOLLAR MEANS THE LOSS OF THE FINANCIAL POWER OF AMERICA. WHAT WILL HAPPEN SINCE THERE IS NO SOUND BACKING FOR HER NOTES WE DO NOT KNOW.
WHAT SHOULD WE EXPECT EVEN IN THE NEXT TWELVE MONTHS UNDER THE FALL OF THE POWER OF AMERICA’S DOLLAR?THIS MEANS THAT WE HAVE 100PERCENT INFLATIONWHAT COULD HAPPEN UNDER 100PERCENT INFLATION?YOUR GUESS IS AS GOOD AS MINE.THE POWER OF GOLD AND SILVER WAS ONCE ABUNDANT IN AMERICA.BUT THE TOUCH OF THE FINGER OF GOD AGAINST THE POWER OF SO MIGHTY A NATION HAS NOW CAUSED THE CRUMBLING AND FALL OF AMERICA.”
WE SHOULD STUDY MESSENGER MUHAMMAD’S WORDS AND TEACHINGS WHETHER OR NOT WE ARE BELIEVERS.PUT THEM ON A SCALE OF FACTS ,AND WEIGH THEM,AND IF THEY BEAR FRUIT(WHICH IS TRUTH),WE SHOULD THEN LAY HOLD TO THEM!THIS MAN STATED THESE THINGS FOR OVER FORTY YEARS.JUST LOOK AT YOUR NEWS AND TELL ME WHETHER OR NOT THEY(HIS WORDS)ARE BEARING FRUIT.
BIBLE,DEUTERONOMY,18;22,”WHEN A PROPHET SPEAKETH IN THE NAME OF THE LORD,IF THE THING FOLLOW NOT,NOR COME TO PASS,THAT IS THE THING WHICH THE LORD HATH NOT SPOKEN,BUT THE PROPHET HATH SPOKEN IT PRESUMPTUOUSLY:THOU SHALT NOT BE AFRAID OF HIM.”
VERSE 18 AND 19,”I WILL RAISE THEM UP A PROPHET FROM AMONG THEIR BRETHREN,LIKE UNTO THEE,AND WILL PUT MY WORDS IN HIS MOUTH; AND HE SHALL SPEAK UNTO THEM ALL THAT I COMMAND HIM.
AND IT SHALL COME TO PASS,THAT WHOSOEVER WILL NOT HEARKENUNTO MY WORDS WHICH HE SHALL SPEAK IN MY NAME,IWILL REQUIRE IT OF HIM.”
BROTHERS AND SISTERS,THE TRUTH IS AS PLAIN AS SUNSHINE,I JUST PRAY THAT YOU WILL OPEN YOUR EYES TO THE BRILLIANCE AND BRIGHTNESS OF THE DAY SUN!

“INSHALLAH MORE TO COME”

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

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Re: THE DECLINE OF THE DOLLAR!
« Reply #2 on: Dec 26th, 2005, 6:05pm » Quote Modify Remove

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YOU MAY ASK,WHY WOULD ALLAH ALLOW THIS SO-CALLED GREAT NATION TO FALL?WELL,IN ,”FALL OF AMERICA”,PG.88 MESSENGER ELIJAH MUHAMMAD GIVES TWO OF THE MAIN REASONS FOR HER FALL;”NUMBER 1,SHE HAD BECOME THE HABITATION OF DEVILS.
ANS BEING THEN HABITATION OF DEVILS MAKES HER A HAVEN FOR EVERY PEOPLE THAT LOVES THE WORKS AND DOINGS OF THE DEVIL.”
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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

Brother Darrows
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Re: THE DECLINE OF THE DOLLAR!
« Reply #3 on: Dec 26th, 2005, 7:37pm » Quote Modify Remove

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As Salaam Alaikum

… And the number two reason or just the other reason, is the bringing of us (so-called Negro) here to America and the subsquent ill treatment and abuse of us since they (slavemaster) has put on us during our (so-called Negroes) sojourn here in the hells and wilderness of North America.

In fact that was her (Americas) doom.

Watch As Well As Pray

« Last Edit: Dec 26th, 2005, 7:39pm by Brother Darrows »

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20:102 The day when the trumpet is blown; and We shall gather the guilty, blue-eyed, on that day,

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #4 on: Dec 26th, 2005, 7:47pm » Quote Modify Remove

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ASALAAM-ALAIKUM.

THE NUMBER 1 REASON FOR THE FALL IS BECAUSE OF THE BRINGING OUR FATHERS INTO THE WESTERN HEMISPHERE TO BUILD UP THEIR EMPIRE AND GET HELL IN RETURN.
BUT THE NUMBER ONE FALL IS THE LOSS OF HER MONEY POWER.THOSE ARE TWO DISTINCTIONS.
BROTHER I AGREE !WATCH AS WELL AS PRAY!
THAT IS WHY I TRY TO KEEP THE VIEWERS FOCUSED ON STUDYING THE TEACHINGS,BECAUSE GIVING YOURSELF TO STUDYING ALLAH’S WORDS IS RENDERING PRAYER!
LONG LIVE MESSENGER MUHAMMAD’S TEACHINGS. last Edit: Today at 2:41pm by The Chairman »
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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

Brother Darrows
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Re: THE DECLINE OF THE DOLLAR!
« Reply #5 on: Dec 26th, 2005, 10:19pm » Quote Modify Remove

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THE REAL TRUTH IS THAT AMERICA IS UNDER DIVINE JUDGMENT TO DESTROY HER FOR THE EVILS DONE TO ALLAH’S PEOPLE(THE BLACK MAN IN AMERICA). ~~ Our Saviour Has Arrived, Page 11.

Watch As Well As Pray
« Last Edit: Dec 26th, 2005, 10:23pm by Brother Darrows »

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20:102 The day when the trumpet is blown; and We shall gather the guilty, blue-eyed, on that day,

The Chairman
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Re: THE DECLINE OF THE DOLLAR!
« Reply #6 on: Dec 30th, 2005, 2:34pm » Quote Modify Remove

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ASALAAM-ALAIKUM,

HERE IS MORE PROOF OUT OF THE DEVILS OWN MOUTHS (BEARING WITNESS TO MESSENGER ELIJAH MUHAMMAD AND HIS SUPREME TEACHINGS)ABOUT THE FALL OF THE THIS DEVIL’S POWER(THE DOLLAR)AND HIS SO-CALLED GLORIOUS ECONOMY AND ECONOMIC OUTLOOK.
www.articles.news.aol.com/news/articles.adp?id=20051229171309990007& cid=771
TITLED:U.S. NEARS DEBT LIMIT, COULD DEFAULT ON BILLS
« Last Edit: Dec 30th, 2005, 2:38pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

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Re: THE DECLINE OF THE DOLLAR!
« Reply #7 on: Dec 30th, 2005, 2:46pm » Quote Modify Remove

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IF YOU ARE HAVING TROUBLE ACCESSING THE ABOVE SITE,GO TO www.whatreallyhappened.com UNDER THE SAME TITLE(U.S. NEARS DEBT LIMIT, COULD DEFAULT ON BILLS).
I HOPE YOU READ!
« Last Edit: Dec 30th, 2005, 3:54pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

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Re: THE DECLINE OF THE DOLLAR!
« Reply #8 on: Jan 7th, 2006, 8:35am » Quote Modify Remove

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ASALAAM-ALAIKUM,

CHECKOUT :www.infowars.com if you have problems finding site,go to info wars(search for bill gates and warren buffett running from the dollar. or the article about china moving it’s reserves from the dollar.
« Last Edit: Jan 10th, 2006, 1:04pm by The Chairman »
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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

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Re: THE DECLINE OF THE DOLLAR!
« Reply #9 on: Jan 10th, 2006, 1:00pm » Quote Modify Remove

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ASALAAM-ALAIKUM.

HERE IS MORE PROOF THAT, Quote:THAT MAN(ELIJAH MUHAMMAD)IS TELLING US THE TRUTH.

THE DOLLAR’S STRENGTH AND POWER IS NO MORE.AND THERE IS NO MORE DENYING IT.
www.washingtonpost.com/wp-dyn/content/article/2006/01/09/AR2006010901042 _pf.html

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

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Re: THE DECLINE OF THE DOLLAR!
« Reply #10 on: Jan 14th, 2006, 12:19pm » Quote Modify Remove

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IN THE MOST HOLY NAME OF ALLAH(MFM)AND HIS MESSENGER(T.H.E.M.)I GREET YOU ALL IN PEACE,ASALAAM-ALAIKUM.
THE HONORABLE ELIJAH MUHAMMAD TAUGHT US THAT THIS DEVIL WOULD NOT TELL YOU OF HIS DOOM UNTIL YOU SEE IT COMING ON HIS HEELS.HE ALSO PREDICTED TO THE VERY LETTER THE U.S. ECONOMIC FALL AND THE LOSS OF THE HEGEMONIC U.S. DOLLAR’S POWER.
NOW EVEN THIS EUROPEAN DEVIL IS TELLING YOU OF AMERICA’S EMINANT FALL AND ECONOMIC COLLASPE CONTRARY TO THE ROSEY SCENARIO THAT THIS GOVERNMENT PROPAGATES.
http://english.pravda.ru/world/20/91/368/16741_dollar.htm UNDER THE TITLE:THE DOLLAR MAY FALL THIS MARCH!
« Last Edit: Jan 14th, 2006, 1:19pm by The Chairman »

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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

sol
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Re: THE DECLINE OF THE DOLLAR!
« Reply #11 on: Jan 14th, 2006, 7:45pm » Quote Modify Remove

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…Who are the lenders? This year, China, Japan and other East Asian countries are expected to finance half the annual U.S. trade deficit. As Financial Times columnist John Plender wrote, the world’s “lone superpower now depends on China as the swing financier for its gigantic current account deficit.”

That’s why the dollar crisis finally attracted mainstream media attention last month when rumors spread that central banks in China, India and Russia were starting to divert their holdings of foreign currencies out of dollars because of the decline in their value.

The Bush White House claims that it is committed to keeping the dollar strong, but this is hot air. Actually, the administration has actively encouraged a controlled decline in the value of the dollar.

One goal is to lower the U.S. trade deficit. A weaker dollar benefits U.S. manufacturers because U.S. exports are cheaper to buy in other countries, and other countries’ exports become more expensive in the U.S. Yet the trade deficit has continued climbing despite the dollar’s decline over the past year.

U.S. policymakers also understand that the accumulated debt from the twin deficits becomes cheaper to pay off. “In essence, what is happening is that the American government is defaulting on a part of its debt,” Joel Geier, associate editor of the International Socialist Review, said in a recent interview. “They will pay back the debt at its face value, but in a devalued currency. It’s not declaring bankruptcy, but the world’s biggest debtor is telling its creditors: ‘We’ll pay you 80 cents on the dollar, or 60 cents on the dollar.’ Try that with your credit card company.”

This is playing with fire–because the more the dollar drops in value, the less incentive other countries will have to continue financing the U.S. balance of payments deficit. “The break can come either from the Reserve Bank of China deciding it has enough dollars, thank you, or from private investors saying ‘I’m going to take a speculative bet on a dollar plunge,’ which then ends up being a self-fulfilling prophecy,” Krugman said.

Even if the White House avoids this nightmare scenario, working people will pay a price in declining living standards. The administration’s unstated policy of letting the dollar slide means not only that imported products are more expensive to buy, but that prices will rise across the board.

This hasn’t shown up in the government’s official inflation statistics yet. But these figures are increasingly misleading because they exclude so many essential products–like, for example, gas, which has jumped in price over the last several years–because they are supposedly “too volatile” to measure properly.

http://www.socialistworker.org/2005-1/525/525_05_DollarCrisis.shtml

the preceding is NOT in Business World. That would be TOO honest.

« Last Edit: Jan 14th, 2006, 7:57pm by sol »

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Re: THE DECLINE OF THE DOLLAR!
« Reply #12 on: Jan 15th, 2006, 10:33am » Quote Modify Remove

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SALAAM,

GREAT FOLLOW UP SOL’!HERE IS MORE INFO TO HELP OPEN MORE EYES TO THE DYER ECONOMIC SITUATION FACING THE SO-CALLED PROSPEROUS SITUATION OF THE FALLING EMPIRE THAT IS AMERICA.
www.aljazeera.com then click on “IRAN’S OIL BOURSE:A THREAT TO THE PETRO DOLLAR” http:english.aljazeera.net/NR/exeres/C1C0C9B3-DDA9-42E2-AE9C-B7CDBA08A6E 9.HTM THIS SHOWS ONE OF THE MAIN AND TRUE REASONS FOR AMERICA’S CONFRONTATION WITH IRAN THAT YOUR AVERAGE MEDIA REFUSES TO TALK ABOUT OR ACKNOWLEDGE.
« Last Edit: Jan 15th, 2006, 10:58am by The Chairman »
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Min.Rashid Muhammad
(Follower Of T.H.E.M And Servant Of Allah And The Black Nation)—It Is Impossible To Please Allah(God) Without Faith,and faith without works is DEAD!!

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Re: THE DECLINE OF THE DOLLAR!
« Reply #13 on: Jan 15th, 2006, 2:48pm » Quote Modify Remove

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LONG LIVE THE TEACHINGS OF ALMIGHTY GOD ALLAH IN THE PERSON OF MASTER WALLACE FARD MUHAMMAD(TO WHOM PRAISES ARE DUE FOREVER)
http://geostrategymap.com/N_KeepWatching.htm
“——REMEMBER NOW THAT THIS IS AND OLD ARTICLE POSTED AT SALAAMJOURNAL.ORG AND AS WE HAVE READ,IT MAKES CLEAR WHY A DOLLAR DECLINE AND TODAY MORE PROOF IS ADDED;”US commodities rattled by China derivatives stance
Aug 31, 2009

By Eadie Chen and Chen Aizhu

BEIJING/CHICAGO, Aug 31 (Reuters) – U.S. gold and soybean markets fell on Monday following a weekend report that China’s state companies may default on commodity derivative contracts with banks providing over-the-counter hedging services.

Traders in other commodities markets in the United States were cautious, underscoring China’s predominance as a buyer in global markets from metals to grain to oil after it played a key role in rallying prices to record highs last year.

In a measure of the country’s influence over the global economy, U.S. stocks fell after the Shanghai Composite index .SSEC fell nearly 7 percent to a three-month low on fears Beijing is trying to moderate growth and choke off speculation in its stock market by tightening bank lending.

Commodities markets were chilled by a report in Caijing magazine quoting an unnamed industry source as saying Chinese state-owned companies will be allowed to default on commodity derivative contracts. The report provoked anger and dismay among investment banks that feared a damaging precedent.

China’s regulator of state owned enterprises, the Assets Supervision and Administration Commission (SASAC), has told six foreign banks that SOEs reserved the right to default on contracts, the magazine said in an article published on Saturday.

A government official said that the Bureau of Financial Supervision and Evaluation under SASAC was handling the issue. The official declined to be named and did not elaborate.

“A Chinese agency said they reserve the right to walk away from bad derivatives contracts and that stirred up a lot of worry not only about the stock market but soybeans as well,” said Paul Haugens, vice president at Newedge USA.

China, the world’s top importer of soybeans, has been an aggressive buyer of U.S. supplies, helping drive prices higher as stockpiles fell to the lowest level in over three decades.

US SOY, GOLD MARKETS FALL, COTTON RECOVERS

Chicago Board of Trade soybean futures for November delivery SX9 fell 31-1/2 cents, or 3 percent, to $9.79-1/2.

December gold GCZ9 fell $5.30 to $953.50 an ounce at the New York Mercantile Exchange’s COMEX division. U.S. cotton futures fell in early trading due to the news, but closed higher on month-end position squaring.

“Historically, it is not so unusual for China to either renegotiate or abandon some deals that have been made. Some traders who have been around for a while are certainly aware of that possibility,” said Bill O’Neill, managing partner at New Jersey-based LOGIC Advisors.

Spokespersons at Goldman Sachs (GS.N), UBS (UBSN.VX), JPMorgan (JPM.N) and Morgan Stanley declined to comment, along with the Securities Industry and Financial Markets Association and International Swaps and Derivatives Association Inc.

The reported letter to the six banks follows an order from SASAC in July that required all state companies trading in derivatives to make quarterly reports about their investments, including details of holdings and performance.

“I won’t be surprised if more state firms emerged with big derivatives trading losses. Or else SASAC won’t come out with such a radical move,” a Hong Kong-based derivatives analyst said.

“As far as I know, there are another number of state firms bogged down in such losses besides those surfaced ones,” said the analyst, who declined to be named due to the sensitivity of the issue.

‘ABNORMAL PRACTICE’

A SASAC media official said he was waiting for the “relevant department’s” official comment before clarifying the situation with the media.

The report deals another blow to investment banks hoping to sell more derivatives hedges in China, the world’s fastest-expanding major economy and top commodities consumer.

“It’s a handful of companies who are being encouraged by regulators to renegotiate. It’s outrageous, but it’s China so everyone is treading very carefully,” said a banking source.

Beijing-based derivatives lawyers said the so-called “legal letter” has no legal standing — SASAC as a shareholder of SOEs has no business relationship with international banks.

“This can also lead to market chaos. For example, a foreign bank can tell its Chinese clients that it can reserve the right to default on contracts that will bring losses to the bank,” said a lawyer from the derivatives risks committee of the Beijing Lawyers Association.

No bank names were reported in the Caijing report. The SASAC media officer also declined to specify any.

Chinese state firms, especially those that have suffered big losses in derivatives trading, have been complaining that their foreign banks sometimes did not disclose full information of potential risks when selling them complicated products.

For a factbox of China’s derivatives debacles: [ID:nPEK206094] (Reporting by Eadie Chen and Chen Aizhu in Beijing, Alfred Cang in Shanghai, George Chen and Michael Flaherty in Hong Kong, Sam Nelson in Chicago and Carole Vaporean and Steve Eder in New York. Writing by K.T. Arasu, Eadie Chen and Chen Aizhu; editing by Jim Marshall) “—————-
“Tuesday, September 08, 2009
U.S. Dollar Falls Sharply Across The Board

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FRANKFURT — The U.S. dollar fell sharply against most of its major rivals on Tuesday, as commodity prices and global equities posted gains. The dollar index tumbled to an intraday low of 77.398. The index, which measures the greenback against a basket of six major currencies, fell to 77.474 in recent trading from 77.893 on Monday. The British pound rose 1% to $1.6509 and the euro gained 0.6% to $1.4418. The dollar fell 0.7% to 92.31 Japanese yen. The sharp dollar weakness propelled gold futures above the psychologically key level of $1,000 an ounce.

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