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#2934028 - 09/06/12 10:25 AM China launchng a gold backed world wide currency
FLTENNHUNTER1
16 Point


Registered: 11/21/07
Posts: 16574
Loc: Tampa FL

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I don't know the credibility of the source but an interesting read none the less.

http://www.indiavision.com/news/article/.../#ixzz25Lmk36Ci
_________________________
"The fore horse of this frightful team is public debt. Taxation follow that, and in its turn wretchedness and oppression."
--Thomas Jefferson
18 Trillion http://www.usdebtclock.org/

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#2934463 - 09/06/12 04:51 PM Re: China launchng a gold backed world wide currency [Re: FLTENNHUNTER1]
Rebel
TnDeer Old Timer
12 Point


Registered: 03/16/99
Posts: 5400
Loc: East Tennessee USA

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If China does this, we will have to follow suit.
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Good night Chesty, wherever you are!

Tolerance is a virtue of those who believe in nothing.

Deo Vindice

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#2934485 - 09/06/12 05:19 PM Re: China launchng a gold backed world wide currency [Re: Rebel]
fishboy1
16 Point


Registered: 01/13/03
Posts: 10574
Loc: Warren Co

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Read "currency wars".

Its sad. We have an unbelievable opportunity to be THE safe haven for investment and capitalism in the world. Our "leaders" are looting while the Chinese are positioning to kick our economic behind.
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If you can't trust people with freedom, how can you trust them with power ?




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