Is This The Big One? China Finally Admitting They Are Launching A Gold Backed Currency For World Trade?!?!?

THE DISAPPEARING GOLD




[link to www.internationalman.com]

Usa typical go's to war with countries who wants to go away from the dollar watch what I'm saying China no different than Iraq and lybia

It is clear that almost nobody in this thread understands history, human nature, oriental culture, greed and tribal entitlement.

Explain then, or did you just want to take a jab at us.

apparently FTSE index broke through 6300 n the basis of good economic data from the US.... yeah right

NOT ONE US ally would help in that war!!!!!!

All of the G20 have been on a trade signing bonaza with each other and China, But have left the US out of the deals.

Why would we do that?

Because the rest of the world knows and is told the US is going down and that they are a VERY UNSTABLE ECONOMY and that if countries like Canada who has the best stable economy do not take steps right now to limit exposure to the US we will fall by no means of our own.

And guess what whey have taken those steps with MASSIVE trade deals with every G20 country and a plan to start to use our massive resources for trade.

Yes. But you cannot accumulate the infinite value that is arising in the finite store gold represents and eventually, raging inflation would render China's export model a moot point. In other words., for no reason other than crass stupidity, all the fat cats who are feeding of the goose of globalised capitalism will shoot themselves in the foot.

Capitalists internationally are dependent on one another. American investors on the investments in China, the Chinese on Western discount shoppers, the Arabs on continued purchase of their oil, why even the likes of Rupert Murdoch and Fox on the continued sale of bogus nationalism whilst they marry into Chinese, Muslims, Russian, Indian and other significant elites in their bid to network for liquidity.

These aren't psychopaths incidentally,. Why, if tomorrow YOU found yourself the owner of a sizeable amount of money, you would very quickly devolve to this globalist behaviour.

The system has its own inner logic. No amount of fumbling around in search of bogeymen will help you. You need to use your grey matter and reason your way through its dynamics.

The reality is far more stark than all the stupid conspiracy nonsense.

Exactly, and to make up any difference they will have to confiscate what the public holds and give them worthless paper in return, or a jail cell, your choice.
All they have to do is offer a nice reward for turning in hoarders and that will effectively stop any black market gold transfers and effectively make it worthless in private hands, especially if it becomes an offense punishable by death or other severe measures, just like it has been in the past.
Much of mankinds history was when the general public couldnt own actual precious metals without permission from the sovereign without being stuffed into an obliette

Oooooo I tawt I taw a seagull!

We go down the rest of the world go's down but the Muslim countries that's not part of the global banking. Its not only our economy that's tanked there banks need bail outs also. We starve the world starve remember that

Last Edited by Not a Nonviolent Negro on 01/28/2013 05:04 PM

Saddletramp here is one from a few weeks ago where the World Gold Counsel says the same thing. Check out their report...................insane !

Thread: Gold/Silver Tards Massive Squeeze Coming As WGC Confirms Gold-Backed Yuan

Dose OP or anyone else know of any Chinese Companies buying US homes?

first and foremost nobody is counting anything to infinity, but nice try.
When it comes to economics, the public always serves, and the political commisars live like pashas, No communist leader lived any less than a king for any lenght of time.
The managers and enforcers of the peoples property always live well indeed, no different from any other elite capitalists.
Call me when some communist leader lives in a cold water flat with the proles, eats and dresses the same and follows a mule to work.
It never happened and it never will, communism is no less a ponzi scheme than any other form of mass population control

Kyle Bass said the same thing a few weeks ago !

You seem to have forgotten what a nation was for, along with the politicians.

The Petrodollar era that created "cheap money" is over.
Once other countries stop using Dollars as their reserve currency and/or form precious metals based currencies, the USA won't know WTF hit it.

Won't happen overnight....it will be a slow slide into oblivion....and Obama is just making it worse with the money printing and UNENDING spending.


:wreckcrew:

A devalued dollar will grow exports? Maybe!

How about collapse the dollar, cause social unrest but make sure there is a gun grab first! Next a gold grab but not before a gold rush devalues the gold. Suckers! All of us!

Lets leave the analysis of collectivised economics aside and look at capital and how accumulation works.

In older times when owners of the means of production had yet to exhaust their national base in terms of costs and market access, capital was rudimentary and did not use as many mechanisms of derived value nor was there much of a need to access labour surplus value in low wage zones. Nor was inventory exchange on a JIT basis.

In other words, growth was limited to local constraints and functioned quite effectively within those constraints making a limited value store such as gold viable and in fact very necessary in these early days of capital's birth when trust had to be fostered.

However, the impetus for free trade accellerated as the owners of the means of production found the costs of local labour uncompetititive and thus they struck deals with foreign elites of all colours, even bogus communists such as the Chinese for access to their markets.

Also, JIT inventory rose to the fore and thus annual accumulation essentially rose to the highpoint of unlimited potential.

In this context, gold would never work. Nor is there a need to return to mercantilism (not that we are capable of so doing) as, despite appearances, global capitalism is very much alive.

Of course, petite bourgeoisie such as yourself will foam at the mouth in impotent fury. However, you have no power flailing around in little clusters or as lunatic loners.

United, workers can change the world. Divided, they are as good as eunuchs.

However, any thoughts that global capitalism is about to collapse will be disappointed. I can guarantee that.

Very interesting thread, 5 stars and green for you, thanks

Nope,
Critical thinking generation. Adding to the thought process.

Gold Back Currency +
Eminent Domain +
No Constitutional Rights +
Mass Corruption At The Local Level +
Ideological Subversion =
?

(I am sure more variables can be input and factored, but the thought processes has been disrupted slightly)

So, Dose OP or anyone else know of any Chinese Companies buying US homes?

Last Edited by TastyThoughts on 01/28/2013 05:21 PM

WTF u talking bout come to TX .

That's why they're printing the money just to continue the big facade...keeping the US floating till they get all their ducks in a row, loot us till the very last drop. My delivery might be a little off but I know that's why we're invading all the Muslim countries. Iran is the last stop as they are turning away from the dollar. Rothchilds no likey. Iran will be the end of this country as we know it.

Thanks for the Great article. There is usually so much crap on this site. Most Americans don't get the currency issues. Too busy hating each other.

I've been trying but some of you seem to think paper is worth exactly what someone says it is, that nobody would lie to gain advantage over you or want you dead to maximize their own profit and position.
Do you think someone that conquered your nation wants you alive so you can play xbox all day?
Nations and cultures compete for space and resources and always have, and there is not one single example of institutional kindness or fairness by oriental or semetic cultures to those they vanquished or controlled when they were in power.
Dont expect that will change for you.

Should you read some actual world history, you cant help but notice that wars were in essence always wars of extermination and confiscation until the period of American preeminence..

I remember reading The Mystery of Banking by Murray Rothbard, and he stated that the Federal Reserve has (or had) rights to gold reserves in the United States saying whatever outstanding Treasury Bonds they held in account, in the event of a US default, they retained the right to an equivalent amount of US gold in reserve.

Two things immediately come to mind: 1) Gold is still valued at less that $50 per ounce in Treasury accounting and 2) There is more gold held in reserve at the fed than in treasury warehousing (Ft. Knox).

How much $$ does the fed currently hold in US Treasury bonds? The more they hold and the lower gold is valued, the more gold they can claim (per the agreement) when the US defaults.

So, in effect the gold is already gone, the fed took it, meaning the banking cartel and its crony/criminal enterprise.

.

Let the collapse happen, declare bankrupcy and start over. China can sell their products in China. The west can trade within itself and any who choose to honor the USD. The U.S. can produce anything it needs to survive without importing anything from China.

The Trade and Investments Treaty will be changed to a Global Agreement on trade. American exports are too expensive because of our unions. The Chinese will always make less expensive products for export. The problem is the bonds fall into the same treaty. The private bond holders can sue if there is a default. It is so complicated!

I'll post a few youtube videos to explain it.

They are getting the Land here in the US and the Ports that's the chatter I heard, the chinese have been here looking around at their new assets but they need us disarmed to collect

Feds grant eminent domain as collateral to China for US debts.

060
February 26, 2009
FEDS GRANT EMINENT DOMAIN AS COLLATERAL TO CHINA FOR U.S. DEBTS!
Beijing, China -- Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves!

The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.

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