1994

[Lamarr]

China, Brazil, Saudi Arabia, to name a few.

Nope, Brazil still in debt

Net debt fell to 37.2% of GDP in September, the central bank said Monday in a report, compared with 39.2% of GDP in August.

China & Saudi Arabia are creditor nations, and it's reserves are purchasing tons of gold.

The last time we looked at monthly Chinese imports of gold from Hong Kong in 2012, the comparable country in question was Portugal (whose citizens, if not central bank, incidentally have run out of gold to sell), because that is whose total gold holdings (at 382.5 tons) Chinese imports had just surpassed. Fast forward a month later, and the update is even more disturbing. In July, Chinese gold imports from HK, after two months of declines, have picked up once more and hit a 3-month high of 75.8 tons. While it is notable that this number is double the 38.1 tons imported a year prior, and that year-to-date imports are now a record 458.6 tons, well over four times greater than the seven month total in 2011 which was 103.9 tons, what is far more important is that in the first seven months of 2012 alone China has imported nearly as much gold as the total holdings of the hedge fund at the heart of the Eurozone, elsewhere known simply as the European Central Bank, and just as importantly considering the import run-rate has hardly slowed down in August, which data we will have in a few weeks, it is now safe to say that in 2012 alone China has imported more gold than the ECB's entire official 502.1 tons of holdings.

Wake up this is not the 18th century. That's the intellectual problem.

Bruh, Gold & Silver have been universally recognized as a medium of exchange for over 5000 years and never loses its value. This "fiat dollar" experiment will end very bad.....get prepared

 

[thoughtone]

China, Brazil, Saudi Arabia, to name a few.

Nope, Brazil still in debt



China & Saudi Arabia are creditor nations, and it's reserves are purchasing tons of gold.





Bruh, Gold & Silver have been universally recognized as a medium of exchange for over 5000 years and never loses its value. This "fiat dollar" experiment will end very bad.....get prepared

Now I know why when I post a direct response to you, you disappear for an extend time. This tells me you are fact checking me. And when you abandon the thread, this tells me you confirm my validity, because you sometimes post a retort. Obviously this is one of those rare retorts.

China, Brazil, Saudi Arabia, to name a few.

Nope, Brazil still in debt

Yes, I'll give you that. Brazil's debt is shrinking due to it;s growing economy.

China and Saudi Arabia wealth has nothing to do with gold. China has the fattest growing economy, due to manufacturing we ceded to them and Saudi Arabia has the largest oil reserves in the world. The Saudi riyal is pegged against the US dollar!

The Chinese Yuan is also pegged against the US dollar!

China & Saudi Arabia are creditor nations, and it's reserves are purchasing tons of gold.

You've changed the subject, from basing currency on gold to a nations gold reserves. Two different things. The United State has the greatest gold reserves.

The 13 Countries That Control The World's Supply

 

[Lamarr]

Now I know why when I post a direct response to you, you disappear for an extend time. This tells me you are fact checking me. And when you abandon the thread, this tells me you confirm my validity, because you sometimes post a retort. Obviously this is one of those rare retorts.

blah, blah, blah!

I abandon the thread sometimes because I don't like typing on my Android

Yes, I'll give you that. Brazil's debt is shrinking due to it;s growing economy.

China and Saudi Arabia wealth has nothing to do with gold. China has the fattest growing economy, due to manufacturing we ceded to them and Saudi Arabia has the largest oil reserves in the world. The Saudi riyal is pegged against the US dollar!

When these countries wise up, depeg from the dollar & allow their currency to appreciate, you will see the true value of your dollar. Even now, you must admit, Bernanke's only option is to monetize the debt.....Thats it! It's only a matter of time until people realize it's counterfeit, monopoly money. F*ck makin' money the old fashioned way......We gon print dat sh*t! UNSTABLE

At the very least, Kennedy introduced $4.3 Billion in non-interest bearing US Notes. Why do we have to pay interest on debt created by the Fed Res? Pres. Obama can do this.

Not to mention, all the money he prints up goes straight to Wall Street for buying MBS's and speculation in food & energy. So much for Occupy Wall Street....it's part of Pres. Obama's policy; Give $40 billion a month to Wall Street......forever!

You've changed the subject, from basing currency on gold to a nations gold reserves. Two different things. The United State has the greatest gold reserves.

The 13 Countries That Control The World's Supply

Can you tell me why countries bother to purchase gold, if gold is not money?

 

[Greed]

Give $40 billion a month to Wall Street......forever

I think he missed it.

I think he was the one that brought up Ron Paul in the first place when he wasn't even in Congress in 1994.

And he brought up gold which is at $1800/futures contract.

This is a prime example why politics is shit. Even thoughtone, on a porn message board, doesn't want to say QE3 is bad. He doesn't want to look weak I guess.

 

[thoughtone]

blah, blah, blah!

I abandon the thread sometimes because I don't like typing on my Android

So that's your excues!

Investigation finds no evidence Holder knew of 'Fast and Furious' gun-running sting


I DEMAND AN APOLOGY!