Results 1 to 6 of 6
Like Tree1Likes
  • 1 Post By rufus

Thread: Forbes - Why Are the Chinese Buying Record Quantities of Gold?

  1. 01-30-2012, 07:59 PM #1
    ATCclears
    ATCclears is offline
    Senior Member
    Join Date
    Dec 2011
    Location
    Seattle area, WA
    Posts
    409

    Default Forbes - Why Are the Chinese Buying Record Quantities of Gold?

    Why Are the Chinese Buying Record Quantities of Gold? - Forbes
    Reply With Quote Reply With Quote
  2. 01-30-2012, 08:42 PM #2
    Navvet
    Navvet is offline
    Senior Member
    Join Date
    Jul 2011
    Location
    Lynden, WA
    Posts
    128

    Default

    It will be the only money worth anything when the zombie wars start . The Indians are also doing it.
    Reply With Quote Reply With Quote
  3. 01-31-2012, 06:15 AM #3
    rufus
    rufus is offline
    Senior Member
    Join Date
    Jun 2010
    Location
    your attic
    Posts
    1,119

    Default

    Because they are smarter than us.
    Burt Gummer likes this.
    Reply With Quote Reply With Quote
  4. 01-31-2012, 10:59 AM #4
    jimwsea
    jimwsea is offline
    Senior Member
    Join Date
    Nov 2008
    Location
    Vancouver, Washington state
    Posts
    666

    Default

    Countries are moving away from the Federal Reserve debt note (dollar) as the world's reserve currency, especially for buying and selling oil. When the fed note gets devalued, the gold will keep its value.
    Reply With Quote Reply With Quote
  5. 01-31-2012, 11:33 AM #5
    Just Jim
    Just Jim is offline
    Senior Member
    Join Date
    Nov 2008
    Location
    albany
    Posts
    2,366

    Default

    Gold is stockpiled in countries in preperations for war as nobody will take currencies when war starts. They are useing our money to buy gold so where will those dollars end up?
    Reply With Quote Reply With Quote
  6. 02-02-2012, 01:59 PM #6
    Burt Gummer
    Burt Gummer is offline
    Senior Member Burt Gummer's Avatar
    Join Date
    Jan 2011
    Location
    Lake Oswego
    Posts
    1,689

    Default

    Gold is very important to some people - Men Arrested For Smuggling Gold In Rectums
    "Whenever people agree with me, I always feel I must be wrong." - Oscar Wilde
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules