To: expat_panama
I think what China is doing is driving down the price of Gold since they are, I believe, due to receive this years payment on our debt to them, in the billions, in gold.
To: The_Republic_Of_Maine
China has a big time gold bug right now..
11 posted on
07/28/2015 4:32:53 AM PDT by
Ghost of SVR4
(So many are so hopelessly dependent on the government that they will fight to protect it.)
To: The_Republic_Of_Maine
” due to receive this years payment on our debt to them, in the billions, in gold.”
Your belief is incorrect. This is nonsense.
16 posted on
07/28/2015 4:42:14 AM PDT by
Shane
(When Injustice Becomes Law, RESISTANCE Becomes DUTY.----T.Jefferson)
To: The_Republic_Of_Maine
Very interesting take. Other than Obama’s destruction of the world economy something smells about this decline. Also China was not happy about the US devaluing the dollars meant to pay them back.
20 posted on
07/28/2015 4:58:49 AM PDT by
VTenigma
(The Democratic party is the party of the mathematically challenged)
To: The_Republic_Of_Maine
I think what China is doing is driving down the price of Gold since they are, I believe, due to receive this years payment on our debt to them, in the billions, in gold. Have you ever owned a treasury bond? The debt that is owed to them is simply in the form of bonds just like you could buy.
All the other things you hear related to China and US debt is nonsense.
31 posted on
07/28/2015 6:20:41 AM PDT by
Straight Vermonter
(Liberals support high taxes on alcohol, tobacco and wealth. And all for the same reason.)
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