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I think you are incorrect on the SDRs. China wants to use the basket to replace the dollar as the reserve currency. The basket in the SDR is changing. There will be 7 currencies and the percentages...
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I think you are misunderstanding the changes currently taking place with the IMF and the basket of currencies making up the SDR. It will not be “paper on paper”. The Yuan, Swiss franc and gold will be...
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I don’t think for a minute that the US is letting China buy gold. The US is in a rock and a hard place. If they don’t keep gold low, the dollar looses all its value. The last thing the US wants is to...
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I believe the attack on Armstrong is because he is not so bullish on gold. From his website, gold has not bottomed yet and will go down to the sub $1000.00 level with a possibility of falling to $694...
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Punching holes in a card is not creating or inventing a new computer language. All your doing is writing “code” so the underlining computer language, created by someone else, can carry out the...
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As far as countries in the past being on a gold standard and having created growth, gold at the time was fixed. Today it is not and there are not plans anywhere on the planet to do so. If a country...
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The news concerning the IMF’s comments are totally incorrect. Go to the IMF’s website and read the press release itself or better yet go to “philosophyofmetrics.com”. The IMF will include the yuan in...
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First of all the last collapse just wasn’t the US alone. Europe was destroyed and has never recovered. Their banks and other financial institutions bought the US toxic mortgage backed securities and...
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First of all why would China collapse their economy by destroying the economy of one of it’s largest trading partners? Secondly the reason the US grid is not of the quality of other countries, (Germany...
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Willie is incorrect about no US legal jurisdiction in Hong Kong, etc. The Department of Justice has jurisdiction every where the US dollar is used, at least they have been getting away with it. Just...
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I agree with Zero BS. As a following of Martin Armstrong and his ECM, the guy totally distorted Martin’s computer predictions. I also agree there will be a crash but not like anyone on the alternate...
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The US and the west have spent trillions but most of it was wasted on overcharging and programs that just don’t work. As the head of Russia’s Defense Ministry stated, “The US has spent trillions on a...
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By his body language and speech it appears he is totally unprepared. If he thinks that China and Russia are going to a gold backed currency, forget about it. It is not going to happen. This is what...
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It wasn’t that long ago that gold was selling around $600oz and silver around $5.oo0z. The miners were making money then and now with the price doubling or tripling, they aren’t making a profit? Also...
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This site is nothing more than pure propaganda just like the MSM. The COMEX will never go broke as it is not a physical market but used for hedging especially by the miners themselves. Without it the...
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The US dollar has no relation to gold, what ever the price. The dollar was backed by the petrodollar and now by the US military, that is it. If gold went to $10,000oz it would not change the fact that...
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This end game crap is becoming boring. I have heard it for years. China can bid for all the gold on the COMEX but realizes it would be put on a waiting list, so they buy from their own exchange. Large...
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There is just one problem with the cover of the Economist cover for January. It doesn’t exist on their own website where you can see all the covers for 2015. As usual people don’t do their research...
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The reason for all the unusual weather this year and the last two years is that the sun has entered into it’s 300 year cycle which means it is cooling down. Things will get much worse for the next 150...
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