Re: The Irony
in response to
by
posted on
Jan 14, 2015 08:44PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
Don't agree.... The corrupt entities in the US would like to spread their hegemony into the banks of China but the Chinese aren't that stupid and can see right through the American schemes. This is true for many other nations, like Russia. These countries are developing their own SWIFT like systems and it's just a matter of time before they remove their nations from the oppresive policies of the corrupt regime in Washington.
In addition, these nations are stock piling gold for several reasons. First, when you hold a depreciating asset, US currency, it's a losing proposition unless you immediately convert it to gold which is being manipulated down in price by the same corrupt regime in Washington. Second, when the US currency goes belly up, along with most other western currencies, you can back your new world reserve currency with gold. This make little sense to the idiots in the west that believe that fiat currency has value. To the people in the east gold has value, unlike the azz wipe printed in the west on a daily basis....