Comments on Market Skeptics: China's Incentives For Abandoning The Dollar

China would do well to trade some of her first bun...

2008-11-23T17:20:00.000-08:00

China would do well to trade some of her first bunch o' treasuries for physical gold, (they will need larger gold reserves to back their own somewhat fluffy currency), and this would drive up the value of the gold that they bought through the roof. This would boost the value of usa's Ft Knox gold reserves, which is now at $14,000 printed dollars per the ounce, and world's central banks gold reserves would value up as well. Hopefully, USA with 25% of world's gold would be OK, and if things stabilized at 1 gold gram = $100 usd = barrel oil = 100 rmb we can all still do business with Ron Paul heading the US treasury and the baltic dry index expressed in gold grams per tonne, and USA Canada providing food, timber, minerals technology medicine coal etc to the world in order to buy our plastic toys and christmas lights. There! problem solved, we needn't go to war.

Man!I-can't-believe-I-win-the-Presidency-justas-th...

2008-11-23T16:09:00.000-08:00

Man!
I-can't-believe-I-win-the-Presidency-just
as-the-U.S.Economy-collapses.
I-know,its-because-I'm-black,right?

the longer it takes for the economy to collapse th...

2008-11-23T01:00:00.000-08:00

the longer it takes for the economy to collapse the worse it will be. better now it happens than latter. for its own sake china should use its dollars for its stimulus while it can.

The economy is going to blow up. It is so incredi...

2008-11-21T16:40:00.000-08:00

The economy is going to blow up. It is so incredibly obvious. I just wish I had money available to buy more gold at it's current bargain basement price.