China Dumps US Treasuries

On Friday, alongside China's announcement that it had bought over 600 tons of gold in "one month", the PBOC released another very important data point: its total foreign exchange reserves, which declined by $17.3 billion to $3,694 billion.  We then put China's change in FX reserves alongside the total Treasury holdings of China and its "anonymous" offshore Treasury dealer Euroclear (aka "Belgium") as released by TIC, and found that the dramatic relationship which we first discovered back in May, has persisted - namely virtually the entire delta in Chinese FX reserves come via China's US Treasury holdings. As in they are being aggressively sold, to the tune of $107 billion in Treasury sales so far in 2015. July 21 http://www.zerohedge.com/news/2015-07-21/chinas-record-dumping-us-treasuries-leaves-goldman-speechless

About Venus retrograde, Erin Sullivan writes:

Venus retrograde can issue forth a mandate for war – on the senses, on attitudes to love and on old dead values….Venus stands guard against that which will poison us or render us outmoded. There are times of course when our own taste changes and our activities need refreshing new horizons.

Since Venus is closely connected to financial matters, it should, therefore, not be  surprising that people start dumping what they thought had value just a while back much as the Chinese central bank has done as per the news. If we make a chart for the Venus station at Beijing, we find Venus in the eighth  house (international finance). So obviously what is changing is China’s  ‘taste’ for US Treasury  holdings. Also notice that Venus makes a hard aspect to the Uranus-Pluto square that straddles the meridian. Uranus-Pluto is about the process of transformation, the collapse of the old order of things and the start of the new. And for China, this refers more specifically to how it will handle international finance (Venus in 8^th ).

Finally, also contributing to the sudden disruption is Eris station retrograde [23ar] on July 20. This is exactly the IC of the Venus retro chart at Beijing. If Eris [1] is about sudden disruptions, she has certainly lived up to her nature in this case here.

[1] http://www.philipsedgwick.com/Centaur_TNO/KuiperKeywords.htm