nun

Why Investors Must Own Gold

Careful what you wish for. You might miss US dominance. Europe and others complain about arrogant Americans ignoring their concerns. Why do they think China will treat them better? If they already kill their own dissidents, they won't give a crap about foreigners.


On May 22 10:16 AM hookem63 wrote:

> If countries trade in each others' currencies, and exclude the dollar,
> then perhaps we will begin to see and end to the U.S.A.'s insanity.
> Buy gold and silver.

Is the U.S. Dollar Headed for a Mighty Crash? Part I

Explain to me again why the US ever got into protected trade agreements with a totalitarian government like China. The US escorted them into the WTO with absolutely no conditions whatsoever. China has no qualms about stealing patented products, processes, intellectual property, pharmaceutical products, blocking US competition within China. What would the trade balance be like without this theft and fixed FX? Maybe "slightly" better?

Check out the latest consequence of their antics. Chinese counterfeit malaria drugs killing people and creating a "superbug" parasite.
www.bloomberg.com/apps...

Tell me where are the lawsuits? If a US company produced lead painted toys, they would be destroyed. Heck the EU grabbed serious money from MSFT and Intel for much less of an offense.

Fiat Money and a Profligate Congress: A Bad Combination

Please take a look at what happened around the world when the UK tried to return to a gold standard.