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| 11:11 PM | ||
| Users Online Now: 1,614 (Who's On?) | Visitors Today: 1,227,085 | |
| Pageviews Today: 2,152,921 | Threads Today: 812 | Posts Today: 16,267 |
| 11:11 PM | ||
Renminbi Relentlessly Replacing U.S. Dollar As Global Reserve Currency | |
| Anonymous Coward User ID: 10971613  United States11/07/2012 03:29 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 10971613 United States11/07/2012 03:29 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 27248840 United States11/07/2012 03:37 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 6630717  Canada11/07/2012 03:37 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 12064276 United States11/08/2012 07:41 PM Report Abusive Post Report Copyright Violation | they forget to add cambodia to their list... the central bank now has renminbi in their reserve besides the dollars and china is investing and loaning money very heavily there...that 's what worry the US and panetta is scheduled to visit there soon. |
| Anonymous Coward User ID: 6685296 United States11/08/2012 07:43 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 27343763 United States11/08/2012 07:45 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 27343763 United States11/08/2012 07:46 PM Report Abusive Post Report Copyright Violation | they forget to add cambodia to their list... the central bank now has renminbi in their reserve besides the dollars and china is investing and loaning money very heavily there...that 's what worry the US and panetta is scheduled to visit there soon. Quoting: Anonymous Coward 12064276 Panetta is more of a godamn commie than Hu Jin Tao. |
| Anonymous Coward User ID: 27336683 United States11/08/2012 07:48 PM Report Abusive Post Report Copyright Violation | |
Northman  User ID: 1101610  Puerto Rico11/08/2012 07:50 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 957572 United States11/08/2012 07:52 PM Report Abusive Post Report Copyright Violation | ha the day the fucko's try to gold back their currency as in exchange currency for gold , their whole fucking stash of PM's will be gone. given the chinese are wily bastards and meant in a good way, they will have counterfeiting problems up the ass , along with a good dope slapping of idenity theft ) it will be an epic clownfuck |
| Anonymous Coward User ID: 14544295 United States11/08/2012 07:54 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 14544295 United States11/08/2012 07:56 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1707881 United States11/08/2012 07:59 PM Report Abusive Post Report Copyright Violation | |
| Fatstogie User ID: 21157412 United States11/08/2012 08:00 PM Report Abusive Post Report Copyright Violation | Now that Obama has been re-elected, this will accelerate rapidly. Quoting: Anonymous Coward 10971613 This has been in the works for decades. Your retarded if you think Obama has anything to do with it. Oh and its already accelerating rapidly. But only because the FED looses its charter to print the dollar on 12/21/12. Funny date huh? Self fulfilling prophecy much? Last Edited by Fatstogie on 11/08/2012 08:01 PM |
| Anonymous Coward User ID: 14564403 United States11/08/2012 08:04 PM Report Abusive Post Report Copyright Violation | Now that Obama has been re-elected, this will accelerate rapidly. Quoting: Anonymous Coward 10971613 Damn straight it will. Congratulations Democrats! All that free money you thought you voted to yourselves? It's about to become worthless!! HAHAHHAHAHA!  God you are lost. Please read a history book and take economics class. |
| Anonymous Coward User ID: 14038453 United States11/08/2012 08:08 PM Report Abusive Post Report Copyright Violation | |
| Buck Johnson User ID: 24110709 United States11/08/2012 08:12 PM  Report Abusive Post Report Copyright Violation | A “renminbi bloc” has been formed in East Asia, as nations in the region abandon the U.S. dollar and peg their currency to the Chinese yuan… Quoting: Anonymous Coward 10971613 And now seven out of 10 economies in the region – including South Korea, Indonesia, Malaysia, Singapore and Thailand – track the renminbi more closely than they do the U.S. dollar… According to the latest report by the Society for Worldwide Interbank Financial Telecommunication, or SWIFT, renminbi-denominated trade accounted for 10 percent of China’s total foreign trade in July. The figure was zero just two years ago. From July 1 to August 31, global payments in the renminbi rose 15.6 percent, according to Swift as payment in other currencies fell 0.9 percent on the average… [emphasis mine] We see three obvious points in the quote above: 1) The move from the dollar to the renminbi is now occurring rapidly. 2) Demand for the U.S. dollar is falling as a direct result of this shift. 3) Even Chinese media are attempting to cover-up the collapse of the dollar. Read more: [link to etfdailynews.com] And it's also the reason why China is stockpiling gold and precious resources. [link to www.s8int.com] “If you tell a lie big enough and keep repeating it, people will eventually come to believe it. The lie can be maintained only for such time as the State can shield the people from the political, economic and/or military consequences of the lie. It thus becomes vitally important for the State to use all of its powers to repress dissent, for the truth is the mortal enemy of the lie, and thus by extension, the truth is the greatest enemy of the State.” Quote from Joseph Goebbels Hitlers propaganda man. |
| Anonymous Coward User ID: 13641821 United States11/08/2012 08:13 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 21588115 United States11/08/2012 08:13 PM Report Abusive Post Report Copyright Violation | these pricks can't sell drywall that is not toxic , think they can get people too trust their currency ? Quoting: Anonymous Coward 957572 ha the day the fucko's try to gold back their currency as in exchange currency for gold , their whole fucking stash of PM's will be gone. given the chinese are wily bastards and meant in a good way, they will have counterfeiting problems up the ass , along with a good dope slapping of idenity theft ) it will be an epic clownfuck Its funny that you bring up gold. There have been many reports that china has recently been calling in for all their physical gold from the US and European reserves. There have also been reports that a foundry in Switzerland has been pouring kilo sized bars for them along with china doing it themselves. They are very likely positioned to have the only true gold backed currency in the world. All the while, they have been buying up our debt as leverage to do this. Once they dump that debt back on us and prop up their currency with a true gold backing, its lights out for the dollar and the US in general. |
| Anonymous Coward User ID: 17694439 United States11/08/2012 08:14 PM Report Abusive Post Report Copyright Violation | Now that Obama has been re-elected, this will accelerate rapidly. Quoting: Anonymous Coward 10971613 Damn straight it will. Congratulations Democrats! All that free money you thought you voted to yourselves? It's about to become worthless!! HAHAHHAHAHA! God you are lost. Please read a history book and take economics class. Hey Knumbskull, that’s what the problem is. Economics teaches the free trade system of price discovery through open and transparent markets. What do we have ?  again what do we have ?  |
| BCHD User ID: 9041357 United States11/08/2012 08:15 PM Report Abusive Post Report Copyright Violation | Now that Obama has been re-elected, this will accelerate rapidly. Quoting: Anonymous Coward 10971613 This has been in the works for decades. Your retarded if you think Obama has anything to do with it. Oh and its already accelerating rapidly. But only because the FED looses its charter to print the dollar on 12/21/12. Funny date huh? Self fulfilling prophecy much? I agree :retards. But the charter expiration is false, it was voted to extend it indefinately way back. It can only be overturned by an act of congress. This was interesting......Finally some real news  |
| Anonymous Coward User ID: 17694439 United States11/08/2012 08:16 PM Report Abusive Post Report Copyright Violation | these pricks can't sell drywall that is not toxic , think they can get people too trust their currency ? Quoting: Anonymous Coward 957572 ha the day the fucko's try to gold back their currency as in exchange currency for gold , their whole fucking stash of PM's will be gone. given the chinese are wily bastards and meant in a good way, they will have counterfeiting problems up the ass , along with a good dope slapping of idenity theft ) it will be an epic clownfuck Its funny that you bring up gold. There have been many reports that china has recently been calling in for all their physical gold from the US and European reserves. There have also been reports that a foundry in Switzerland has been pouring kilo sized bars for them along with china doing it themselves. They are very likely positioned to have the only true gold backed currency in the world. All the while, they have been buying up our debt as leverage to do this. Once they dump that debt back on us and prop up their currency with a true gold backing, its lights out for the dollar and the US in general. The money changers will blame it on the Chinese ! |
| Anonymous Coward User ID: 27339817 United States11/08/2012 08:16 PM Report Abusive Post Report Copyright Violation | Now that Obama has been re-elected, this will accelerate rapidly. Quoting: Anonymous Coward 10971613 This has been in the works for decades. Your retarded if you think Obama has anything to do with it. Oh and its already accelerating rapidly. But only because the FED looses its charter to print the dollar on 12/21/12. Funny date huh? Self fulfilling prophecy much? if the Fed loses its charter ? what then??? and how did you find that information anyway? just pondering... |
| BCHD User ID: 9041357 United States11/08/2012 08:22 PM Report Abusive Post Report Copyright Violation | They actually just opened up their own PM market last year. [link to www.asianmetal.com] not sure if this is the place to get it, but look around. This is one of the only ways to tap into the RMB. |
| BCHD User ID: 9041357 United States11/08/2012 08:24 PM Report Abusive Post Report Copyright Violation | Now that Obama has been re-elected, this will accelerate rapidly. Quoting: Anonymous Coward 10971613 This has been in the works for decades. Your retarded if you think Obama has anything to do with it. Oh and its already accelerating rapidly. But only because the FED looses its charter to print the dollar on 12/21/12. Funny date huh? Self fulfilling prophecy much? if the Fed loses its charter ? what then??? and how did you find that information anyway? just pondering... this is false info. Congress must act to get rid of the FED |
| Anonymous Coward User ID: 1488727 United States11/08/2012 08:24 PM Report Abusive Post Report Copyright Violation | This is/was going to happen regardless of who sits in the oval office. It is inevitable and the writing has been on the wall for years. Quoting: Anonymous Coward 6630717 True, but everything for last 4 years everything was the fault of the republician, not Obama. So when will he take any of the blame. Keystone pipe line, 2 years on fail health care plan instead of working on creating jobs. Shutting down coal mines. Spend billions on solar energy that yeild nothing but debt. I can go on but you get idea |
| Anonymous Coward User ID: 13700709  Argentina11/08/2012 08:40 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 13700709 Argentina11/08/2012 08:40 PM Report Abusive Post Report Copyright Violation | |
| GFX guy User ID: 9776422 United States11/08/2012 08:43 PM Report Abusive Post Report Copyright Violation | Now that Obama has been re-elected, this will accelerate rapidly. Quoting: Anonymous Coward 10971613 This has been in the works for decades. Your retarded if you think Obama has anything to do with it. Oh and its already accelerating rapidly. But only because the FED looses its charter to print the dollar on 12/21/12. Funny date huh? Self fulfilling prophecy much? I agree :retards. But the charter expiration is false, it was voted to extend it indefinately way back. It can only be overturned by an act of congress. This was interesting......Finally some real news  |
| Anonymous Coward User ID: 27314276 United States11/08/2012 08:58 PM Report Abusive Post Report Copyright Violation | |
