03-02-2014, 12:00 AM
Was "surfing the net" today, and came across this...........
http://pro.stansberryresearch.com/1402OI.../POILQ306/
The speaker goes "on and on" before he gets to the point, but you might listen to it anyway.
Basically, what the speaker says is, that China is ready to take over the world (mainly the USA) by forcing the US government to exchange its dollar amount of loans it has made to the US, with actual gold. This, in essence will damage the US economy, because the US government has printed MORE dollars than what it can back up with in real gold.
If you do not know anything about how this is done, you can listen on to the speaker or research how the countries of the world use gold as a standardized backing source to its printed paper money.
The speaker refers to many printed publications and media items that refer to this, but does not show the actual document or article.
My questions to anyone who knows about such world economy things.....
1. Just a scare tactic for the gold industry to sell more, since people are buying LESS now days?
2. Something real is about to happen? If so, why hasn't anyone warned the public?
3. If such a tactic is being threatened to the US and the rest of the world, why have these countries done nothing?
Real or just a scam to sell something?
http://pro.stansberryresearch.com/1402OI.../POILQ306/
The speaker goes "on and on" before he gets to the point, but you might listen to it anyway.
Basically, what the speaker says is, that China is ready to take over the world (mainly the USA) by forcing the US government to exchange its dollar amount of loans it has made to the US, with actual gold. This, in essence will damage the US economy, because the US government has printed MORE dollars than what it can back up with in real gold.
If you do not know anything about how this is done, you can listen on to the speaker or research how the countries of the world use gold as a standardized backing source to its printed paper money.
The speaker refers to many printed publications and media items that refer to this, but does not show the actual document or article.
My questions to anyone who knows about such world economy things.....
1. Just a scare tactic for the gold industry to sell more, since people are buying LESS now days?
2. Something real is about to happen? If so, why hasn't anyone warned the public?
3. If such a tactic is being threatened to the US and the rest of the world, why have these countries done nothing?
Real or just a scam to sell something?