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I have a feeling that the Chinese government are embracing themselves for the impact of the deteriorating U.S. economy by reinforcing the gold standard into their currency. And I believe that's why the Chinese are investing so much into gold. Am I right or is it merely my imagination?
The $ is just a transfer medium. s soon as anyone gets $ they should tansfer it to steel, gold, copper.
Amen. Gold and Silver will ALWAYS be considered REAL money. Gold prices have gone down as I believe that the IMF is selling a large chunk of their gold right now. China IS buying a huge lot.RIGHT NOW is the greatest buying time we have. After Obama's spending spree inflation will hit the US like a building fell on us.Get Gold & Silver now while the price is down.
for Peter Schiff youtube videos go to : http://peterschiffchannel.blogspot.com http://www.Peterschiff.tk can't get any easier