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Posted on 06/22/2025 12:07:43 PM PDT by cuz1961
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running dogs in the CCP ?
how convenient and timely for a communist country in the midst of an ecomomic collapse ?
well then...will they start selling cold certificates or move to a gold backed currency ?
CCP , and communists in general, being soooo honest and trustworthy ,,im gonna go invest right now !!!
not.
i think they are lieing,, just a gut feeling , and a reasonable assumption based on their WTO history.
how long would it take a govt to spend 80 billion dollars?
Prob fake
Liberal democrats - a day or two.
good question.
how many gold backed bonds could they float is another.
“how long would it take a govt to spend 80 billion dollars?”
It will cost $70 billion to extract it.
and how many suckers woukd buy those bonds.
i think ill wait and see if pelosi buys any....
.
https://blog.providentmetals.com/how-much-does-it-cost-to-produce-an-ounce-of-gold.htm
A new metric has since been developed by the World Gold Council to report the “all-in sustaining costs” of mining gold. These numbers report that the cost of extracting an ounce of gold is actually over $1,000 per ounce, well above the aforementioned numbers. And since gold is currently trading at just over $1,200 per ounce, it explains why mining companies have had less-than-stellar profits.
Looking through some of the articles there, the site seems very questionable.
During coffee break, but then they do take long coffee breaks.
I don’t know if they’re still in operation, but awhile back there was a Chinese company that would sell you gold-plated tungsten bars. Such bars cannot be differentiated from solid gold bars by a standard density test.
The company was upfront about this. And they sold the bars for “novelty purposes”. But should the buyer later use the bars as part of a scam, you couldn’t blame the company, right?
It’s a long way from having 1,000 tons of “estimated reserves” to having 1,000 tons of gold bars in a neat stack in front of you.
I'll trade you $1,250 for every ounce of gold you can come up with. Heck, make it $1,300.
...worth hardly anything, now that we can make it....
A few ounces of GOLD to help’em along....
China’s 2025 General Public Budget
Expenditure is set at RMB 29.7 trillion ($4 trillion), a 4.2 percent increase, leaving China with an official projected deficit of nearly RMB 5.7 trillion ($779 billion), up approximately 39 percent from the official projected deficit in 2024.
How long to spent…?
A day maybe two.
I believe this like I believe their population figures.
Trust the CCP to act like the CCP: they will lie, they will cheat, they will steal, they will murder.
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