China Uses Gold To Pursue Global Power

[Copper Catcher]

http://seekingalpha.com/article/3102936 ... obal-power

Once China releases the fact of how much physical gold they are actually holding, this will shock the financial markets, and they will have to be included as part of the SDRs. This will be a knockout blow to the US dollar. We will all soon be waving bye, bye and the US dollar will no longer have world reserve status.

At this point, the US is still able to give the illusion that it is the tallest midget in the room, but not much longer!
https://www.youtube.com/watch?v=NygEEH4jkho

[everything]

I think as easily as someone on the street can ruin their credit score, that's where the U.S. be headed, just need to let the debt pile higher, don't think gold will have anything to do with it, financial ineptitude is so simple. The question remains, how will the eventual default come down. China is just secretive and power hungry, just like many ordinary folk. Some gold bugs would say the dollar would be the last to fall, but I believe countries like China know a slow wind down is the only way they'll survive a bust that big.

[Shazbot57]

I think as easily as someone on the street can ruin their credit score, that's where the U.S. be headed, just need to let the debt pile higher, don't think gold will have anything to do with it, financial ineptitude is so simple. The question remains, how will the eventual default come down. China is just secretive and power hungry, just like many ordinary folk. Some gold bugs would say the dollar would be the last to fall, but I believe countries like China know a slow wind down is the only way they'll survive a bust that big.

Everything - I think you summed it up with one word in your post - "be headed", but maybe it should be "beheaded"!