Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Bob Ireland

Go for it.

I won’t ever hold gold.


126 posted on 10/08/2019 9:14:59 PM PDT by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix))
[ Post Reply | Private Reply | To 123 | View Replies ]


To: LS
***I won’t ever hold gold***

Did I suggest you should? ...or that I have? I was pointing out that the US banks may be short of USD also - perhaps like 2008. Time will tell. Take a look at Greece recently.

The posted story is that Chinese banks are running out of money; my addendum is that - if a Russian bank bought tons of gold - perhaps they bought it from the Chinese to allow the Chinese to gain some cash. Perhaps Trump has put the Chinese between a rock and a hard place. I doubt the Russians bought a ton of gold from the US Treasury... perhaps Venezuela.

I have not found out where Russia obtained the gold. CNN for example, does not say. Russia may think the USD is at risk... or perhaps wishful thinking. As I say, above my pay grade.

128 posted on 10/09/2019 9:35:13 AM PDT by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
[ Post Reply | Private Reply | To 126 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson