I think you’re spot on too. And i would like to add one thoery to “why?”. lets say all the paper money in the world were to equal zero tomorrow who is going to be the most powerful. maybe whoever has the most gold. good example money equals power. (nice saying for the greedy) and China want power more than money or gold. let me know what you think.

Yep. This is right on. They are going to kick our ass, and we are going to give them the boots to do it. A certain public figure is likely acting as an agent for Soros who is selling the U.S. short.

The republic falls. Affluent middle class life in the U.S. is at risk. But no matter, the political class, and the enslaved classes living on the Federal plantation will all be happy.

We all can be poor together. Better to sink all the ships in the harbor than try to patch up the leaky ones.

I think your spot on 2

only 1.5% of the chinese governments derivates is gold — that will change — the central bank could buy 1/3 of all 165tons gold ever produced with the 2 trillion in bonds of the us…. and you better believe they will do soon in 2-10years !

sure there could be other explanations. for example they could make their slaves (oh sorry i ment “citizens”), buy all the gold, and then Expropriate it, “create a law” saying that its illegal to own gold unless you are a better bread of people, (oh sorry i ment unless you are the government worker or like they like to call themselves – “a public servant”), and then the next day raise the price of gold a lot (and maybe also shoot some slaves (oops i ment “citizens”) on the Tiananmen square.

good theory chap… i believe you are correct sir. you are very smart and british sounding…. i wish i had a british accent =[ but anyways… keep up the good work… and BUY GOLD!!!

@waldentree
They’re using them to hold more “REAL MONEY” reserves.

@iknotno You’re calculations are way off according to the link you posted…
Amount of present gold holdings: 147.3 million oz
Today’s price (approx): USD$1,230
Therefore total in current prices is only $176.7billion!
That should cover the projected 2010 US Fed deficit …for about 55 days.
And this is based on 2 VERY shaky assumptions:
1. The holdings numbers really are correct (when was the last independent physical audit?)
2. 2010 deficit does down to $1.17trillion (2009 was $1.4+trillion!)

Consider common sense. China interested in us so much, we are going to turn around, they would not want us if we were not of any value. This is all mental terrorism making a mind set that we should give up and submit. Keep up holding to optomism. Families live together in a home if can do so, work together, and will do better. WE need to go back as far as we can to stone age living as much as we can and can get back. Baby boomers age will diminish. replenish will be possible. and is cyclic.

The easiest sure way for China to get out of the dollar cycle,by which they are unavoidably financing American military expansion and avoid affecting the yuan in the mean time is to have gold for every Chinaman!

Conversely,the US Government confiscated gold from every citizen in the 1930’s..why?,to transfer their purchasing power to itself soley.

Because it doesn’t want it’s citizens holding cash, especially US dollars, during the coming deflationary collapse. The Chinese government loves it’s citizens? Yeah right… They’re disempowering them on purpose.

$12000/oz!! knew i should’ve spent my money on gold (spent it on green instead)