Early this week, in an unusual move, the Bush administration sent virtually the entire economic "A-team" to visit China for a "strategic economic dialogue" in Beijing Dec. 14 and 15.
Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke lead the delegation, along with five other cabinet-level officials, including Secretary of Commerce Carlos Gutierrez. Also in the delegation is Labor Secretary Elaine Chao, Health and Human Services Secretary Mike Leavitt, Energy Secretary Sam Bodman, and U.S. Trade Representative Susan Schwab.
China was allegedly asked to withhold the announcement until Bullion Markets
closed for the weekend to prevent an instant spike in gold and silver prices.
This delay will give the world the weekend to consider appropriate actions
rather than have a knee-jerk reaction which could see the U.S. Dollar totally
collapse in value Monday.
http://www.fourwinds10.com/New…tails.php?ArticleID=12395
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