Speaking of reading between the lines, peruse this article carefully. 

http://www.reuters.com/article/2012/01/08/us-china-economy-idUSTRE80707Q20120108

Lost in all the rhetoric about China deploying easing monetary, pro-growth policies, what is the one meaningful comment?  I'll just skip to the answer:

Contrary to its usual practice, the central bank did not release foreign exchange reserve figures along with money supply and lending data. The bank did not say when those numbers would be released.

Why is this excerpt significant?  Because in an effort to prevent an economic hard lending, the Chinese are easing.  In the process, they are dumping their $1.5 trillion in US Treasury bonds and USDollar reserves.  The Great Unwind is beginning, where we could experience high inflation--and rising interest rates, the worst of both worlds.  Which is precisely why Harvard economic historian Niall Ferguson said this:

"US Treasuries are a safe haven the way Pearl Harbor was a safe haven in 1941. It’s safe until it’s not safe anymore.”