GOLDBUG

Could China Propel Gold to $2,000?

What noise and pinhead views. Did you say that USD is a disciplined currency? LOL!!!! Maybe you have not heard that our investment banks are loade with $$$trillions of worthless never to be worth anything OTC Derivatives. CHina is putting a stop loss on them for starters. GOD and GOLD help US!


On Sep 15 03:23 PM John Connor wrote:

> There are serious RUMORS that China is moving to a gold backed currency
> to make their currencies an international currency, which propelled
> the USD to become the world's reserve currency - because it was backed
> by gold and silver out of the brenton-woods agreement..

Could China Propel Gold to $2,000?

Those fantaies are realized in $1000 gold. Central Banks have been buyers not sellers as of late. The CB agreement was to sell 400 tonnes each 240 is all they achieved. O yes in case you didn't know China has a CB also and there buyers.

On Sep 15 10:45 AM huangthomas wrote:

> Fantasy of a gold bug. China is the number one gold producer of the
> world and only haord her own production. Wait until China start to
> sell gold to the rest of the world. All central banks, especially
> in the Europe, are selling gold in case you don't know.

Five Reasons the Market Could Crash This Fall

OH yes they can its called worthless toilet paper.


On Aug 04 12:10 PM contracontrarian wrote:

> "If Wall Street did put $50 trillion at risk… and 10% of that money
> goes bad (quite a low estimate given defaults on regulated securities)
> that means $5 trillion in losses: an amount equal to HALF of the
> total US stock market."
>
> Any one particular Wall Street firm can lose everything they have
> or even more,but other Wall Street firms would earn the same amount
> at the same time,as they are on both sides of those derivative positions.
> Alltogether "Wall Street" can not lose money on their derivatives...

Gold in a Credit Crisis

John Nadler has his head up his %&( as usual. He's been wrong on GOLD since $250. Liquidity can never be drained from the system. The $7trillion already pumped in will be used to start the fuse to Weimer. He is obviously oblivious to the planet killers OTC derivatives. 95% of the these toxic $1 quadrillion were manufactured here in the USA. $62 trillion in the category of credit default swaps are held by major corp and banks in the USA. What entity is going to guarantee that risk? Someone who is a commodity expert knows nothing about currency valuations should stick to what he knows only and should commenting on something he has absolutley no clue about. I guess he was for the Grand theft bailout to.

Coming Soon: The $600 Trillion Derivatives Emergency Meeting

Didn't FASB just allow these gangsters to lie about these illiquid crap paper investments. The SEC is suspending FASB 157 rule that would of brought these worthless toxic paper onto there books. There is no accountability in this world any longer the Kingmakers now rule us all. I still think somehow there day of reckoning will come. FASB lost whatever accountability they might of had up to this point. Consequences will come from all this paper printing regardless of business conditions. Protect yourself. Weimer is upon us.

Wake Up America, You’re Sinking

Did you say the USD will become stronger as it becomes scarcer. LOLOL!!!! That's a new one. I never heard that before. The dollar is out there like confetti hardly is it scarce. No fiat has ever survived they have all gone to zero. Wake up and smell the coffee my friend before you loose everything. Gold is your only lifeboat against the insidious process of the printing machine creating an illusionary wealth with ink on paper.