tag:blogger.com,1999:blog-7982981413278241287.post8908518368963423189..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: China Takes Another Step Toward Ridding Itself of the U.S. DollarDave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-7982981413278241287.post-29436195201237643602010-04-07T18:26:30.177-06:002010-04-07T18:26:30.177-06:00One would think China wants a copper/steel backed ...One would think China wants a copper/steel backed currency the way they keep buying that stuff, crazy!EconomicDisconnecthttps://www.blogger.com/profile/02802078645713106743noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-62930319359447622802010-04-07T15:38:30.138-06:002010-04-07T15:38:30.138-06:00I guess that's the "poop"I guess that's the "poop"Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-31350685986097752922010-04-07T14:28:00.547-06:002010-04-07T14:28:00.547-06:00Seconding what Dave in Denver said. That KingWorld...Seconding what Dave in Denver said. That KingWorldNews report is a definite must-hear. <br /><br />Oh, yes...poop, poop, poop.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-31171307075383737842010-04-07T13:15:12.359-06:002010-04-07T13:15:12.359-06:00"I think this is one of the pieces of poop&qu..."I think this is one of the pieces of poop"<br />Dave please... I thought this was a family oriented blogsite.anliunoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-5388849784080161662010-04-07T11:29:48.978-06:002010-04-07T11:29:48.978-06:00LOL. Listen to the latest Eric King interview wit...LOL. Listen to the latest Eric King interview with ADrian Douglas/Narvey Organ (who was at the CFTC hearings):<br /><br />http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/4/7_Andrew_Maguire_&_Adrian_Douglas.html<br /><br />Murphy told me a lot of shit will hit the fan over the next few weeks - I think this is one of the pieces of poopDave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-32781467612981976092010-04-07T11:24:38.278-06:002010-04-07T11:24:38.278-06:00Unusual looking Gold chart today. Are we at 2% ye...Unusual looking Gold chart today. Are we at 2% yet?<br /><br />Joe M.Joehttps://www.blogger.com/profile/16005483996588605077noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-69873329734085789562010-04-07T10:13:10.269-06:002010-04-07T10:13:10.269-06:00I don't think a deval is in the cards for the ...I don't think a deval is in the cards for the yuan. What i DO think is in the card, eventually, is that China will accumulate gold until they know they have more than the U.S. at least reports (we all know that gold ain't there anymore), and then China will roll out a gold-backed yuan and require that anyone who trades with China will have to settle the trades in the new yuan. At the same time, they will REVALUE the price of gold up by several multiples.<br /><br />If China can restore gold as a currency anchor, and China owns the most gold in the world (as a central govt, notwithstanding the total gold held in India by the population), a big gold reaval (don't forget FDR reval'd gold up by 75% in 1933) it will effectively make China the most wealthy country in the world...Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-91291223839737552512010-04-07T09:48:43.953-06:002010-04-07T09:48:43.953-06:00Seems like there's a better argument to be mad...Seems like there's a better argument to be made that the Yuan would *devalue* if floated<br /><br />"Albert Edwards Vindicated: Discusses China's Upcoming Trade Deficit, And Why CNY DEVALUATION Is Now Increasingly Likely"<br /><br />http://www.zerohedge.com/article/albert-edwards-vindicated-discusses-chinas-upcoming-trade-deficit-and-why-cny-devaluation-no<br /><br />Good for gold. Bad for US exports, USD (US will devalue further to prop up exports), and whoever happens to be in political office when it happens.Dave Narbyhttps://www.blogger.com/profile/10773693145577366704noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-56808418096561582742010-04-07T08:16:17.594-06:002010-04-07T08:16:17.594-06:00i'm hopefully going to get around to doing a t...i'm hopefully going to get around to doing a thorough blog on gold tonight. gold/miners had one of their best periods of return back in 2006 Jan - May and it was preceded by period in which gold AND the dollar moved up in tandem. That may be happening now...Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-88252693513768048502010-04-07T07:54:44.615-06:002010-04-07T07:54:44.615-06:00http://www.foxnews.com/politics/2010/04/07/obama-e...http://www.foxnews.com/politics/2010/04/07/obama-economic-adviser-says-consider-value-added-tax/?test=latestnewsHopiumnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-83858551687888563612010-04-07T07:15:48.575-06:002010-04-07T07:15:48.575-06:00Gold just broke the $1140 mark....something is up,...Gold just broke the $1140 mark....something is up, or down :)Hopiumnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-80853865096802773692010-04-07T07:06:13.815-06:002010-04-07T07:06:13.815-06:00Yup. Gold/silver are stronger than mustard gas rig...Yup. Gold/silver are stronger than mustard gas right now...even with the rally this week in the dollarDave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-55971709774965068462010-04-07T06:56:48.180-06:002010-04-07T06:56:48.180-06:00You know the American motto, blame someone else fo...You know the American motto, blame someone else for your problems!Harvey Geehttps://www.blogger.com/profile/09635919713994950614noreply@blogger.com