Dollar is safe says Russia and China! Trying to hide the cards?

[TwixVoy]

http://news.bbc.co.uk/2/hi/business/8100066.stm

I find it VERY interesting that news starts to come out that China and Russia are dumping dollars, and now all of a sudden the MSM is reporting they are saying the dollar is safe. All these articles the past few weeks saying they have stopped buying US debt and and looking for a way out... now all of a sudden a complete turn around.

Why do I have this feeling they are trying to keep the dollar propped up and keep it worth something so they can dump it while they still can?

Kind of like trying to sell your stock of a company you know is going bankrupt. Keep as many people as possible believing everything is OK while you sell your shares.

http://money.cnn.com/2009/06/15/markets/dollar.reut/index.htm

"Markets also reacted little to a U.S. Treasury report showing a capital outflow in April, with China, Russia, and Japan all reducing their holdings of U.S. Treasurys"

Yea nothing to see here folks. There is an old saying - FOLLOW THE MONEY. The MSM is reporting that China and Russia are saying the dollar is fine, yet the actual MONEY is leaving US dollars at the same time they say this.

[dixiegrrrrl]

1. An absolutely crucial development. MSM desperate to cover it up.

Russia and China are actually agreeing to flee the dollar and use a basket of currencies, it has been reported widely in non-mainstream financial news.
A long predicted but really bad for USA event.

[CoffeeCat]

2. I have a feeling that when the next negative economic wave...

...hits--it's going to be a major crash.

I feel like we're all sitting in a home that has been battered by storm surges. It's just
going to take one more big "wave", such as our dollar being fully dumped by China and Russia,
to make the rest of it topple.

There's so much insecurity out there. There's nothing to heal us if something really bad
does happen. Jobs are scarce. Consumers are not spending.

I feel like I'm waiting for the other shoe to drop.