1 posted on
07/13/2009 2:00:03 PM PDT by
FromLori
To: FromLori
Isn’t that guy that voted for Cap & Trade
2 posted on
07/13/2009 2:02:25 PM PDT by
exist
To: FromLori
If the US sells its gold to China. We are doomed.
5 posted on
07/13/2009 2:07:45 PM PDT by
GeronL
( Patriotic Insurrectionist at http://tyrannysentinel.blogspot.com)
To: FromLori
How much of the gold market, for how long is 80 billion? Will this move prices?
6 posted on
07/13/2009 2:07:48 PM PDT by
Woebama
To: FromLori
If you are faced with a dollar that is going to lose its value, buy hard assets. Oil fields. Mines. Gold.
Just keep enough cash on hand to buy miscellaneous governments as the need arises. Their sale price is no doubt declining, so that needn’t be any large sum.
7 posted on
07/13/2009 2:08:04 PM PDT by
marron
To: FromLori
Ahhh. the joys of Free Trade with Communist China....wealth-redistribute all of the US industrial wealth...so that Communist China can buy US gold. Brillant
10 posted on
07/13/2009 2:11:28 PM PDT by
UCFRoadWarrior
(The Biggest Threat To American Soverignty Is Rampant Economic Anti-Americanism)
To: FromLori
11 posted on
07/13/2009 2:11:57 PM PDT by
VicVega
(Join Jihad, get captured by the US and resettled in the best places in the world. I love the USA)
To: FromLori
He didn't say “two fourths of Fort Knox,” that is, one half of the Fort Knox gold. He said TWO Fort Knox's, twice the gold in Fort Knox. In other words, the Chinese are willing to lend, but are convinced we will have massive inflation next year. They are willing to have us go down “the tube,” but they don't want to go down with us.
To: FromLori
Saw an analysis about a week ago that showed the billions in loans to business that China just gave out to stimulate its own economy was mainly used to place bets in the commodities market. Can you say bubble?
To: FromLori
There have been several stories along these lines in the past few months. Gold reversed today, and this story may have been the reason.
China is also buying copper and other commodities as stores of value.
Frankly, I think China is due for some major economic problems and likely unrest or even a breakdown of government. But meantime, they are trying to store their money where it will maintain its value.
17 posted on
07/13/2009 2:20:38 PM PDT by
Cicero
(Marcus Tullius)
To: FromLori
Folks lets be realistic here. 80 billion dollars of gold is PISS! Almost in the noise range.
18 posted on
07/13/2009 2:27:55 PM PDT by
MrDem
(Monthly Special: Will write OPUS's for Whiners and Crybabies for no charge.)
To: FromLori
Isn’t that about 2.5 thousand billion short.
19 posted on
07/13/2009 2:31:58 PM PDT by
boomop1
To: FromLori
What? Did Wen Jiabao call him up and tell him this?
20 posted on
07/13/2009 3:12:27 PM PDT by
DManA
To: FromLori
Old news! They contacted me months ago about purchasing mine.
22 posted on
07/13/2009 4:49:17 PM PDT by
SuperLuminal
(Where is another agitator for republicanism like Sam Adams when we need him?)
To: FromLori
They won’t get mine for less than $10,000/oz.
23 posted on
07/13/2009 6:11:11 PM PDT by
razorback-bert
(We used to call them astronomical numbers. Now we should call them economical numbers.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson