Well, when Iraq tried to get off their dollar addiction, we attacked them....when Iran did, we tried to mess with them, but I think we are holding out for The Real Big One to just ape# on everyone at the same time....Russia, China, North Korea, Iran, Cuba, everyone that has ever even farted in our direction is going to get some Black Triangle death rained down, HAARP quakes in their cities, satellite death rays assassinating their leaders.

Alot of the money stolen from us WAS put into black projects and defense, they didnt make em if they werent gonna use em someday.

Originally posted by Cobra.EXE
now all your morons that think the democrats, obama, or your stupid bailouts will save us now have no other choice but to eat their own words of BULL####!

its about time the brainwashed masses wake up from this mess.

edit on 24-11-2010 by Cobra.EXE because: spelling error

Seriously? You rage like that, and call the people who support the democrats the brainwashed masses? Can you explain your rage towards "liberals"?

/off topic but not really

Looking for some financial advice here. Gold? or Yuan? I know China likes to manipulate their currency to keep it low for import/export purposes but eventually there has to be a line.

So, which is it? Gold or Yuan?

Originally posted by FlySolo
Looking for some financial advice here. Gold? or Yuan? I know China likes to manipulate their currency to keep it low for import/export purposes but eventually there has to be a line.

So, which is it? Gold or Yuan?

It depends on what you are trying to do. if you are trying to preserve your wealth in the face of a a currency crash gold and silver are always the way to go. if you want to play the currency market to make a quick buck then just make sure you can afford to loose what ever you invest.

Still gold has out performed all others in 8 of the last 10 years and never dropped below 3rd place and is at record highs as we speak and will probably at least double what it's at now of not 5 times that eventually before the markets crash. Just make sure you buy physical gold and not paper.

Personally I would not play the market now and just buy gold and silver for the crash.

Originally posted by projectvxn
The only thing the People's Bank of China is talking about right now is raising RMB reserve requirements by .5 percentage points. If the US dollar had actually been renounced we'd know, trust me.

What they are talking about is allowing the ruble to trade into RMB (Yuan) creating a bilateral trade agreement. This is no different than what happens between any two peaceful neighbors. The only way China and Russia will be able to challenge the dollar is if they started chewing away on the reserves of country after country that use dollars and buying them up with a more robust RMB.

I smell oil deals, and more BRIC activity coming in the next few months and years. The US dollar will be inflating pretty badly by then. Other nations dropping their reserves of USD, leading to a renunciation is not out of the question, but that is not what China is doing with this particular policy move.

edit on 24-11-2010 by projectvxn because: (no reason given)

edit on 24-11-2010 by projectvxn because: (no reason given)

You are over looking a couple things IMO and the Bloomberg article touched on it when they said:"Russia is seeking to expand beyond European markets, where the financial crisis and growing competition have hampered demand." And the other article said they were trying to protect thier economies. Sure they are trying to pass it off as nonchalant but this is a signal to other countries to do that same and the the dollar is in its death throws. China also have been buying gold and silver like it is going out of style since 2008. They see the writing on the wall and are preparing for our crash. Perhaps they feel they are ready to weather the storm of dumping our bonds because they are already upside down in the investment and know they will never get thier monies worth out of them, and are pissed they got duped into buying them like everyone one else. And who do you you think those other countries with dollar reserves will come running to when the dollar crashes? China! Even Russia knows this and that is why they are cozying up to China. In fact I wouldn't be surprised if China were behind the Korean crisis as a means of retaliation to the US and to spread us even thinner militarily.

One thing is for sure I guarantee you there is much more behind this move then meets the eye. Buckle up Dorothy we ain't in Kansas anymore...

We should stop letting their immigrants in here then...

With the derivative fiasco and foreclosure gate
no coming back I'm afraid.
the legal confusion may tangle things up, but that makes recovery impossible too
this is so far from a level playing feild...


and how will the debt holders deal with the fraud...?
thats were it will become very dangerous for the peeps left holding the bag...

Why'd anyone wanna be part of Titanic, after all..

I think, if America focused on using re-usable means of energy, like solar and water, and really focus on our technology, we would be able to sling-shot ourselves back up on top, for sure. This is the technology age, for crying out loud!