Originally posted by blupblup
What does china's gold have to do with swine flu??

Very good question. Perhaps trusername would care to elaborate?

They also have bought or virtual on-line mmporg Gold!!


Still, I dont know how is it related

Originally posted by Gemwolf

Originally posted by blupblup
What does china's gold have to do with swine flu??

Very good question. Perhaps trusername would care to elaborate?

I think swine-flu i the "in word" today..

Quick...let's all start threads about anything and just include swine-flu...

I've seen

Chemtrails
Aliens
Channeling
China's gold

And others (that i cant remember) linked to this now..... i mean, come on?

In fact the opposite of the speculation is happening right now. The Chinese are selling off gold in massive amounts and buying up the more functional copper.

Gold will soon be relived of it's role as the backup for currency. Too many are asking for their money in solid gold and there's not enough to give back from the banks. Soon, possibly as early as towards the end of May, you'll just be handed another piece of paper that *says* you have gold - but not receive it.

Gold is primarily for ornamental use these days and there's endless amounts of it out there. But much of it hoarded in places like India. Diamonds are also used almost exclusively for jewellery, and they have been hoarded by diamond miners for decades, to artificially keep their price higher than real supply and demand.

From all indications, in a world where money and wealth is increasingly more of a relativistic abstract, gold will no longer play the role as ultimate currency.

They can't sustain the levels of it sitting amassed there as a guarantee of national solvency, it as they once did. So the rules will be changed.

You'll see.


Mike

$31 billion isn't that much really. In a world economy of around $40 trillion.

Hi - sorry was off line there for a bit.

I wasn't tying Gold and Swine Flu - it was CNBC doing it. For some reason they kept mentioning to two in the same stories. I thought it was odd.

I could see why biotech and swine flu - but gold price ??? seemed odd. But then there was mention about the China buy and so I looked further and found the news article above.

I watch a lot of CNBC and I know this sounds silly, but I swear they give clues all the time about things that they must be censored from saying.

The most obvious was the plane crash in the Hudson with all the BofA and Wells Fargo high ranked bankers on board - they had all kinds of hints about that.

I think almost everyone on ATS is looking at swine flu and saying .... whoa .... what is this really about - it sure ain't about flu...

Why does CNBC think there's a tie in with gold - that's what I was wondering. Does it also have something to do with the story blocking out the $ trillion budget story?

But I think it's always worth while to follow the money trail. (and I don't think that the $ trail on this one is all biotech stocks).