China ’s gold reserves 2of2 growing by leaps and bounds

Posted by admin | Uncategorized | Friday 20 November 2009 2:40 pm

Max Keiser talks to Stacy Herbert about China’s gold reverves and the dollar being dumped recorded on April 25th 2009 China has ‘canceled US credit card’: lawmaker news.yahoo.com Thu Apr 30, 6:11 pm ET WASHINGTON (AFP) China, wary of the troubled US economy, has already “canceled America’s credit card” by cutting down purchases of debt, a US congressman said Thursday. China has the world’s largest foreign reserves, believed to be mostly in dollars, along with around 800 billion dollars in …

14 Comments »

  1. Comment by Freemarketeer81 — April 25, 2009 @ 5:55 pm

    I love Max’s metaphors and analogies LOL

  2. Comment by SandyAllred — April 25, 2009 @ 6:15 pm

    Good one!

  3. Comment by Repomex01 — April 25, 2009 @ 6:39 pm

    We are so screwed.

  4. Comment by tinstareel2 — April 25, 2009 @ 7:28 pm

    Yep. Obama 08 = Blair 97. We in Britain have seen the “change” thing before. It was change, but for the worse. Now we have Brown… need I continue?

  5. Comment by PestControl02 — April 25, 2009 @ 9:01 pm

    “fecalnomics”..haha, classic stuff right there!

  6. Comment by vinny1010 — April 25, 2009 @ 11:25 pm

    Very true man, very true!

    But those with real assets (such as Gold & Silver) need to worry.

  7. Comment by bvonmoss — April 26, 2009 @ 8:14 am

    Chinese elevating the quality of their products? The people poisoning their products are like the Domino’s employees making videos. I don’t think it matters who they sell it to.

  8. Comment by NowisEvollovetion — May 2, 2009 @ 8:39 am

    I ask you in all seriousness, WHY DO PEOPLE WITH GOLD AND SILVER NEED TO WORRY?

    That statement, I do NOT understand.

    To have gold and silver, is to have a safe haven (safety net) in times of economic instability/collapse.

  9. Comment by vinny1010 — May 2, 2009 @ 3:11 pm

    Ooops sorry, it was a typo

    I mean to say those with real assets need NOT to worry

    Thank you for allowing me to correct myself!

  10. Comment by gringott12 — May 2, 2009 @ 7:56 pm

    The Chinese will posion or kill Chinese, these people are crazy if they think they won’t. The Chinese just deposit 9 grams of lead to the back of the neck, problem solved. They are currently manufacturing posion junk for our market, while pollution in China is at an insane level. They are posioning the whole country.

  11. Comment by sugarpuddin88 — July 13, 2009 @ 2:14 am

    Unless you have done business with China, you wouldn’t know this:

    Chinese manufacturers make products specifically to your specification!

    During negotiation, they will make several grades (qualities) of the product, and let the investor/importer decide which he wants!

    Thus, it is the importer who decides to bring in tainted products!

  12. Comment by sugarpuddin88 — July 13, 2009 @ 2:14 am

    Goldman Sachs admitted that its software manipulates the economy for insider profits. European & American state aid is interlocked into the International Bank of Settlements, which is tied to World Bank, which is tied into the IMF, which is like all things: Tied into Goldman Sachs!

    AIG is run by Edley of Goldman Sachs!

    All roads lead to: Goldman Sachs!

    Why don’t sheeple want to be independent of Goldman Sachs?

  13. Comment by tito2b2 — August 30, 2009 @ 5:22 am

    Their military will surpass ours in no time. They are copying from Smart Planes to missiles and bombers from US plans. We will all be speaking Chinese if we don’t take out country back. The bankers don’t care.

  14. Comment by grraadd — September 4, 2009 @ 11:51 pm

    right.
    They make iPods, iPhones and other electronics of the highest standards…
    They’ve got ROVER’s technology and even logo, and many more.
    Just like Germany at the wake of their economic power they steal what they can, but sooner or later they’ll be able to design their own products of the world’s class. By the way: American products in 1940s were known as a cheap crap in Europe too ;-)

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