World Gold Council has now confirmed the Chinese are going to back the yuan with gold. | |
Anonymous Coward User ID: 32902379 Mexico 01/25/2013 04:57 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 30755360 United States 01/25/2013 05:14 PM Report Abusive Post Report Copyright Violation | |
BCHD User ID: 9041357 United States 01/25/2013 05:24 PM Report Abusive Post Report Copyright Violation | |
BCHD User ID: 9041357 United States 01/25/2013 05:28 PM Report Abusive Post Report Copyright Violation | |
THE WORDSMITH User ID: 1138586 United States 01/25/2013 05:54 PM Report Abusive Post Report Copyright Violation | |
Marxist User ID: 7976683 New Zealand 01/25/2013 06:10 PM Report Abusive Post Report Copyright Violation | . . .I want to make KWN readers aware of is the report which was commissioned by the World Gold Council. This is an incredible document, especially coming from the World Gold Council because it's basically saying that the Chinese are going to back their currency with gold. This would, in turn, displace the US dollar and make the Chinese yuan the world's reserve currency. Quoting: No Dhimmi [link to kingworldnews.com] The Chinese are laughing at this. I’ve mentioned before that China plans to use gold as part of their (future) reserve currency. I’ve heard this directly from a Chinese diplomat. Every action China does supports this (reality). Last year they imported at least 1,000 tons of gold. [link to kingworldnews.com] [link to kingworldnews.com] You are an idiot who has no clue as to how capitalism works. The Chinese leadership on the other hand have read "Capital" and know about the nature of the value that lies behind capitalist accumulation. Consequently, someone is fibbing here. Last Edited by Marxist on 01/25/2013 06:11 PM Workers of the World, Unite. You have nothing to lose but your chains! |
Anonymous Coward User ID: 32990483 Italy 01/25/2013 06:32 PM Report Abusive Post Report Copyright Violation | The "YUAN" is a joke of a currency and so is China. Their country is a shithole aside from a few decent areas. Their government treats their people like shit and spies on their every phone call, email, etc. The suppress freedom of speech and when they want to build a building for example, the government will just bulldoze whatever is in the way and not compensate or help any of their people who might be living in that space. Fuck China, again its a shit hole. Quoting: Anonymous Coward 21904037 lmfao at u buddy...china regardless of how you may see them is by far the best standing country in the world due to their cunningness to hord the worlds gold. they know whats coming and they know that when the cards are down then whoever has the gold has the power period. but this was all planned to create a global currency not a chinese currency and with the global currency will come complete digital transaction control over everyone! but surely all you on GLP knew this yes?? Believe it or not...the scenario u depict has been predicted by a prophet: the dragon takin over europe, world currency n mark of the beast (extremely sintetized...) Google the warning, the second coming Indeed, the elite's goal is to force us into a totally digital monetary system - this will increase thier tax revenue as it smashes the black markets Quoting: No Dhimmi Hey Dhimmi, I feel an innate sympathy to you, must be your name lol hope u have lots of ammos, u know they will come The UK is getting pretty chummy with China. Quoting: BCHD Bank of England ready to set up yuan swap line is the headline on reu ters.com things are accelerating faster than what i thought, damn..need more gold & silver lol |
Saddletramp User ID: 1052341 Puerto Rico 01/25/2013 07:37 PM Report Abusive Post Report Copyright Violation | As of right now, if you take China's numbers on Yuan in circulation and compare the value of that to China's gold reserves it would crater their currency....technically. However, even a partial backing would draw the attention of traders around the world. I still believe that any move to backed currencies may begin in China, but will be completely coordinated... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 33026124 Austria 01/25/2013 07:38 PM Report Abusive Post Report Copyright Violation | Precious Metal Markets (as well as all others) are rigged by the big boys. Just imagine a Gold price of $4000 dollars. This would destroy the faith in paper currencys and the system would collapse. They will keep the price of gold as low as possible at all cost! They can manipulate with naked shorting and paper certificates. Don't think that anyone can stop them soon. But the fact that germany demands 700 metric tones of their gold reserves to be shipped back home is just a warning shot. currency wars going on right now. its pretty obvious. japan is devaluating as well. |
Renegade (Me too) User ID: 31680294 United States 01/25/2013 07:47 PM Report Abusive Post Report Copyright Violation | . . .I want to make KWN readers aware of is the report which was commissioned by the World Gold Council. This is an incredible document, especially coming from the World Gold Council because it's basically saying that the Chinese are going to back their currency with gold. This would, in turn, displace the US dollar and make the Chinese yuan the world's reserve currency. Quoting: No Dhimmi [link to kingworldnews.com] The Chinese are laughing at this. I’ve mentioned before that China plans to use gold as part of their (future) reserve currency. I’ve heard this directly from a Chinese diplomat. Every action China does supports this (reality). Last year they imported at least 1,000 tons of gold. [link to kingworldnews.com] [link to kingworldnews.com] Well, that certainly explains Germany and Sweden wanting their gold back. Who is John Galt? |
Anonymous Coward User ID: 15292827 United States 01/25/2013 08:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 32902379 Mexico 01/25/2013 08:21 PM Report Abusive Post Report Copyright Violation | The UK is getting pretty chummy with China. Quoting: BCHD Bank of England ready to set up yuan swap line is the headline on reu ters.com Britain has to make a move, they are the financial capitol of europe, they can't afford to be caught pants down. Inexpect synthetic trading is already taking place, as was the case before the Euro came out, I expect they will be ready within 2 years.... |
ehecatl User ID: 32406897 Mexico 01/25/2013 08:32 PM Report Abusive Post Report Copyright Violation | What makes you think they will let you keep it? Quoting: Anonymous Coward 1310640 You owe more than you have. There are already 2 seperate EO's that 'allow' them to confiscted all financila instruments and all strategic materials which are mined from the earth. Where does that leave you, when all they have to say is 'National Emergency'? The US would need to go to a system of searching all people leaving to prevent PM's leaving the country. But even then, PM's are easily hidden and a lot would leak through anyhow. It seems to me that other countries would stand to gain significantly if the US were to adopt such restrictions. Many of the wealthy are not so pinned down to single countries. Last Edited by ehecatl on 01/25/2013 08:44 PM |
AC User ID: 18477895 United States 01/25/2013 08:35 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 14153199 United States 01/25/2013 09:00 PM Report Abusive Post Report Copyright Violation | I hope silver keeps dropping 3.5% like it did today...can't wait for this stuff to be available LOL [link to www.silverbulletbullion.com] |
No Dhimmi (OP) User ID: 3248816 United States 01/25/2013 09:45 PM Report Abusive Post Report Copyright Violation | I picked up 20 more SAE today ALL relevant scriptures that include a time factor prove no pre-trib rapture. Over 50 verses! Kindle Edition only 99 CENTS! Biblical Eschatological “Time-Stamps” Relevant to the Last Day/Days (Amazon) |
Anonymous Coward User ID: 7881256 United States 01/25/2013 10:27 PM Report Abusive Post Report Copyright Violation | |