China Converting US Debt To Gold: Wikileaks

[Emarci93]

i only come here because of the thumbnail.

[formalz]

LOL This is really funny. Nobody should give a shit about this. Vote for Ron Paul and this will all be cleaned in a day. Trust me.

[lavona11]

First of all china would only spend intrest in gold and allow the usa to stay in debt cause after the original recoup its all profit. you dont have to own the country just own the people in the country and thats for any buddy that invest in us we all work for them

[BlockBig10]

LOL at all the pro-chinese comments. I feel sorry for China.

[johnwallis42]

Nonsense and wishful thinking.

[kingoftheworld128]

china is pretty smart

[alexcrixus]

well ! than china is smarter than I thought !

[mirloko1992]

Lol fuck dat

[datzfast]

us owes china .7 trillion i just googled it. we spent more on the iraq war.

[datzfast]

thats nice, you see people that own glod would ratehr sell it to the chinese for US dollars so they can use the dollars to buy american products. cha ching cha ching for the USA.

[hardheadrab]

gold? wow... now you see how clever chinese ppl are??

[MrGhandiM]

WIKILEAKS IS FAKE!!! 1. No one in the US has been persecuted for the documents published. 2. Wikileaks is still online. 3. Assange is living at a house of a former british secret service agent. 4. Most things seen on WL have already been known before. 5. Most documents have been altered. 6. Countrys looking bad at WL are mainly the Iran and Pakistan. 7. Assange is having publicity in western media. 8. Assange has the official point of view on 9/II A coincidence? I'm convinced not!!!

[JesusDillinger]

@MrGhandiM Your view of wikileaks is is insightful and valuable.

However, do you doubt that China wants to trade its warehouses full of thousands of pallets of Federal Reserve funny money for gold? The FRN is going the way of the Weimar Deutschmark. They'd have to be amazingly stupid not to.

They'd have to be as stupid as the guy Communist dupe who uploaded this video, which they are not.

[ar15man1984]

Yeah fuck u pussys we can and will kick your ass we the people bitches USA USA USA ha ha ha from America

[JesusDillinger]

@ar15man1984 Friend, I share your enthusiasm for our republic, but we must wrap our minds around the fact that there are two entities called "united states."

One is the U.S.A., the republic; the other is the US, Inc., a foreign corporation, chartered in London, headquartered in the Philippines, with offices in D.C.

Yes, the Philippines.

Please read:

tinyurl . com / 4xcwfsk

[scoopo81]

fuck dollars ! fuck america 

[CoachDaKingMRP]

I'm glad he touched on the iraq and libya invasions... a lot of people dont know its was really econimic pre-emptive attack by the west, especially britain and america

[piker19]

fuck you commie bastards go live in china and see how it really is fascist

[xilitol]

@piker19 fuck you american pigs, even commies are better than your nazi zionist government, americans are mass murderers. you motherfuckers are unwanted and enemies of the entire world

[wrathallll]

american government are FUCKING SCUMBAGS

[docsein1]

I'm a bit afraid for China. It's a powerful economy, but it hold too much US dept. With the western economies in shambles, there's an every increasing risk that the western nations will default, and China would be cheated out of it's hard earned money.

As for the US themselves ... don't really care much one way or the other.

[orangedac]

china's has far more gold than what the WGC reports.

[madman3891]

Can you provide the code or link for the wikileaks report.

[408Magenta]

Great minds think alike, how do we dispose of these useless, ink barely dry dollars, use them to buy gold!!

[vtnsx]

hahaha the only way american can pay off this debt is to decrease people's income to 0.

[paulrprichard]

End the non-Federal non-Reserve and all the other privately owned central banks around the world. JP Morgan and Morgan Stanley are big shareholders in the non-Federal non-Reserve but the general public will never be offered a share. Their website in section 7 states that stockholders receive an annual dividend of 6% as a profit for providing a paper currency. Teach yourself about the Austrian school of economics and you will understand we have centrally planned economies not free market.

[paulrprichard]

w w w (dot) federalreserve (dot) gov - has the gov suffix when in fact it has nothing to do with government.

Only a few years ago people would be labelled ‘conspiracy theorists’ for pointing out the private ownership of the non-Federal non-Reserve.

So how much has been paid to the private stockholders these past 98 years you might ask ?

Absolutely no idea because us debt slaves are not supposed to know who owns the stock of the non-Federal non-Reserve or how much stock there actually is.

[paulrprichard]

The non-Federal non-Reserve welcomes you to your destitution after 100 years of paying out an annual dividend of 6% to their mega-bank owners while having a .gov website. When you consider that Americans, both ‘democratic/labour’ and ‘republican/conservative’, before 1913 were never subject to this transfer of their wealth to the mega-banks you have to ask yourself how much less poor would the American general public be today without it and how much less warfare the world would have been spared.

[paulrprichard]

Who owns the non-Federal non-Reserve Banks ? As of July 26th, 1983, some of the non-Federal non-Reserve Bank of New York shareholdings (7m or 66%) were Bankers Trust Company 438,831 Bank of New York 141,482 Chase Manhattan Bank 1,011,862 Chemical Bank 54,962 Citibank 1,090,813 European American Bank & Trust 127,800 J. Henry Schroder Bank & Trust 37,943 Manufacturers Hanover 509,852 Morgan Guaranty Trust 655,433

[paulrprichard]

Associations between Wall Street international bankers and the rise of both Hitler and Naziism in Germany and Lenin and Bolshevikism in Ruusia.

Check out reformed-theology (dot) org (slash) html (slash) books (slash) wall_street (slash) chapter_12.htm

The same guys profited from bankrolling both sides of the European theatre of World War 2 – that is really, really special.

[paulrprichard]

Once the grassroots of both the ‘democratics/labourites’ and ‘republicans/conservatives’ recognise who their common enemy is, it’s all over for the oligarchial 0.01%

The scam has been going on for more than a century and us, our children, our grandchildren will all be debt slaves to Wall Street international bankers.

Check out dev (dot) republicoftheunitedstates (dot) org (slash) what-is-the-republic (slash) history.

[paulrprichard]

What is the purpose of a Central Bank ?

The clue is in the word ‘central’, it is for centrally planning the economy so anyone who says we have a free market is flat out wrong.

I look forward to the transfer of wealth from holders of paper to holders of gold/silver when the fiat paper dollar dies.

[paulrprichard]

Carol Quigley’s ‘Tragedy and Hope’ claims the banks run communism and fascism.

[vtnsx]

Think before you rant stupid comments. If US and other nations stop buying Chinese products, Chinese economy will collapse. If China goes to war, it will have to risk starving more than 700 million Chinese lives. China is still a third world economy with second largest GDP.

[blackpythonsc]

@vtnsx research before you comment too! china is well alert the consequences that if US and other few powerful nations stop buying chinese products.. thats why they are building up new markets in a place where nobody dares to set up - Africa.. they are literally building up shopping malls, offices, infrastructures for free..

[vtnsx]

@blackpythonsc lol, good. Fuck the americans. seriously fucking jews!

[VideoCollectorful]

@blackpythonsc Hey beware of china ... it is going to be something different ... within the next 50 years , US economy will be down and Chineese will beat them ... If things move like this , it is dangerous ... beware and act accordingly ... Good Luck

[vtnsx]

i didn't know communist and democracy can work together pretty well but also can destroy each other pretty well.

[DanMarik]

So what? Everyone should be buying gold anyway. Countries don't last forever. Gold will always be valuable Buy $250 per year in gold + $50-$100 in silver like I have. This will not affect you. Actually it will be very handy. And if you need more Federal Credit just go cash in some gold. USA will not fall cause of this, but the economy will inflate (much like in the 20s) Gold's worth has only increase over the last 3 decades.

[davidshazusa]

USA fall on its on her trap, invading Iraq, Kuwait, Saudi Arabia and Libya actually waking up the Masses around the world, which actually end USA Dominance through a very big price in blood, people donot like to remain poor and occupied, USA, EU, UK, Australia, Israhell are making people in middle East very poor and occupied which one day will explode

[crogsvien]

i need to get rid of my US money

[xilitol]

@crogsvien you are right bro, i have already converted my US dollars to Aussie dollars, US money will become trash sooner or later.

[datzfast]

@xilitol good luck i hope you get to spent your aussie dollarsbut it wont be in the USA

[touretul]

@crogsvien I already did. I have no money. I never had.

[Ysacoelfua]

The USA will not be able to pay back its debt to China. You know what's going to happen? China is going to take over US territory claiming it as its own in order to get paid back. This will happen during the upcoming world war

[The0fficerRadical]

@Ysacoelfua US debt is only 8% to china... Can't?

[DanMarik]

@Ysacoelfua Lol. China attacking their biggest consumer? Who else buy Chinese products? Not the Japanese, not the Russians, not the UK. Hell even if the USA just denied to repay China there would be no conflict. (not saying China is a pussy) But China wouldn't care, they make WAY more money making clothes, tools, and other crap-ass items that only America is stupid enough to pay for. The money we owe them is just a fraction of their entire economy.

[Ysacoelfua]

@DanMarik I'm sorry to say that you are wrong. Actually China exports to most countries in the world. It's very stupid to say that the USA is China's only consumer. How ignorant are you? Have you even finished high school?

And yes, China can attack the USA. The Chinese economy is not dependent on Americans buying Chinese made toys, trust me.

The USA ows trillions to China, not just a few millions. China will take over USA territory to get paid. They own America's ass. That's a fact.

[DanMarik]

@Ysacoelfua I implore you not to call me ignorant. And do not worry your apology is unwarranted. As I said "biggest consumer?". If you check in the Asian Eco sphere(import-export category) , Japan has only purchased a few essentials from PRC, most of their imports are Philippine-Tawain. S. Kor refuses to buy anything chinese related. The only country within that influence is N. Kor and well, they don't fill much. In fact most of China's wealth is in America not China. Continued.

[DanMarik]

@Ysacoelfua Part 2. And you lost all respect that you could ever receive on this topic. You are clearly ignorant of the situation as you believe we own China all the money. China makes up the biggest percent of the chart only making up 28% of that pie. The rest belongs to the EU Nations, Japan, S.Kor and such on. China can't even afford to heat their schools. They have half the world's population. This money is nothing to what is needed. They would shatter to disrupt the trade.

[Ysacoelfua]

@DanMarik First of all, I never said USA ows China all the money. You need to read my comments more carefully. I said USA ows trillions to China, which is true. China is the USA biggest creditor. China has the USA by the balls!

[DanMarik]

@Ysacoelfua Wonderful So as you and I said. We do not owe China all the money. Now think, I know its hard. There is 72% of the debt owed to the rest of the world. That is a large sum of money. Now if the 28% owed China were to war the USA, do you really think the 72% would stand for such a thing(unless China would compensate them but then....) \? This is why the USA borrowed money from all over the world not just one country. And in doing so protected itself from the stupidity of your scenario.

[Ysacoelfua]

@DanMarik You are mistaken. Where did you get those %s from? That information is incorrect. First of all, you don't have to go very far to find whom the US owes money to. The US is indebted mainly to Americans!

Borrowing from all over the world cannot be called "protection" (I would call it stupidity). If anything the US got in deeper shit by borrowing from other countries. If the US cannot pay its debts, then US territory will be taken. You'd better start lerning Chinese!

[DanMarik]

@Ysacoelfua No I am not mistaken. The American Government would have been an even larger fool to borrow from only China. Here is a similar scenario. Lets say your neighbor borrowed $10,000 from you, on the premise of repayment w/ interest. Now your neighbor also borrowed $50,000 from their other neighbor. Now that neighbor is going to take everything your neighbor owns. Do you feel OK with losing your $10,000 investment? This is what America has done to ensure no nation would do such a thing.

[DanMarik]

@Ysacoelfua Part 2. Borrowing from one source and only one source is stupidity. So get off your war-mongering ass and start trying to understand economics/politics. China and the US will not go to war over this. Maybe the incident in the Philippines may cause a war but not this debt. Also there are many countries that owe money to us. Do you really think America would go to war against them for it? (EX. UK accumulated debt of WW2 from American supplies = 12.4 billion as of 2008).

[Ysacoelfua]

@DanMarik Once again, you are not reading. You are making more and more evident how stupid you are. I did not say that China will and the US will go to war over the debt.

The fact is, you are fucked. The US is indebted to its own citizens in the first place (then China and other countries). You are paying for the US wars and you are feeding US marines all around the world. Pretty soon you won't be able to afford not even Chinese made socks. So wake up stupid ass! The gov't owns your ass!!

[DanMarik]

@Ysacoelfua Wait just a sec. You said China will own over American Territory. Ok now lets say China tells America they want to own them. America says no. What will happen? Ofcourse the Government is indebted to the citizens its a Republic not a Monarchy. Even though you say I am looking more and more stupid you are showing it. So no, our country will inflate and go through another recession, but I will not worry of the Chinese not at all.

[Ysacoelfua]

@DanMarik Sorry but I'm cutting you off right here. I lost interest... (I feel like I'm discussing with a donkey).

I suggest your read more and get educated before you make a fool of yourself on these forums.

Adios!

[DanMarik]

@Ysacoelfua Lol sure lets go with that...

[chinasweetbaby]

actually as of November 1, 2010 china have a estimate population of 1,339,724,852 or 19.2% of world population which is

6,978,600,000.

6,978,600,000



[DanMarik]

@chinasweetbaby hm really? Well thank you for correcting me. I grossly over estimated the Chinese population. I apologize for my ignorance.

[canadadry0g]

Thank you for explaning. That is why gold prices keeps going up.

[BAIYUE1]

US currecy will collapse if Gold come back.

And China know that.

[brianprince100]

Hard to spend all of that gold...in the Great Tribulation. Shake, rattle and roll!!

I know ...it's only rock&roll but I like it. Revelation 6:12-17.

[kokogro]

@brianprince100 dude, you need to wake the fuk up and realize that those same criminal bankers, military industirlaists and all their friend corporate corrupters also read the Bible(s) and know very well how to manipulate you, because your weakness is the revelations and Bible p[rophecies. So all they have to feed you to control you is shit that resembles prophetic events. Wake the fuk up, don't let them elite and zionists use religion against you.

[brianprince100]

@kokogro - Yes, you are right about much of what you say. I woke-up 35 years ago to the NWO. Also, my family ancestors wrote much of the Bible under Inspiration. I have personally been an evangelist for 25 years and a Witness to the Power and Love of The Lord Yahshua...thousands of times. I am ready to go...my race is complete. Ask Him to reveal His plans to you...as He has to me. He will listen to you. I have to go soon.

[edwardwills]

God damn even the Commies know that Gold is money

[Laughingblades]

I think it would be awesome if China bought ALL the gold, then converted to socialism and devalued it as a currency, treating it like the useless soft metal that it is and using it as mere decoration.

[Laughingblades]

Terrible! How dare China look after it's economic interest and invest in gold ownership?

[wuyunchi]

US is invading the middle east by the so called up rising and gaining control on the global oil economy.

[ervin920]

@16Reddi2Parti haha this is one of the times i'm being nice, and then a raging monkey comes along. if you recall, i said the "US goverment" on purpose, not the us people... dick lick...

[07084935]

hip hip hooray! i can't w8 to see the USA fall

[AmsterdamHeavy]

LOL, youve got an Obama 2012 ad playing before the video.

[alvisc2002]

@AmsterdamHeavy he also has a capitalist diamonds for purchase ad playing. Well i guess everyone needs to make money lol.

[Sun6Tzu]

To all you guys laughing at America, this is not good, this allows Banks to gain more power over the government. THIS IS VERY DANGEROUS, THAT MAKES THE US MILITARY AN HIRED MERCENARY. THIS EXPLAINS WHY US IS INVOLVED IN MANY WORLD CONFLICTS. THE GOVERNMENT IS BEING FORCED TO SUBMIT TO THE BANKS.

[yankydoodle83]

@Sun6Tzu Actually........no. The recession basically showed that banks had to submit to the government aid at the tright time

[ervin920]

china is the liberator of the world. the western nations no doubt want the 3rd world to stay poor and willing to serve them and suppy them while they starve, yet china is building africa and other poor nations. its just criminal what the US goverment does.

[ervin920]

lol americans better move to mexico

[cityking9ne]

Wooooowwww......Here it comes you guys, brace yourselves!!!

[gabielroy]

jme demandais ce que ça cachait la guerre en lybie.trader de l'huile pour de l'or sadam a fait la même gaffe.l'économie américaine va s'éffronder la minute que l'huile va échanger en autre chose que le dollard u.s.,s'une crosse de nixon pour ce sortir de la crise du gaz.merci du renseignement p.s.pourquois tu fait pas l'écrand vert comme lé autre sur youtube ça coute même pas 10$ .............u.s.

[airbreather123]

Yet what you're saying illustrates a failure of socialism and government intervention in the free markets. While China's embrace of free markets shows the success of that model.

[3sjh3]

Smart

[AznDuD333]

well..that's what you get for trying to pay back in dollars while just printing more dollars.

[DongYaLianMeng]

No sweat. China can use alchemy to turn coal into gold.

[frvfilms]

i wonder if gold can be man made??

and how about using a rare out-of earth rock

that would be even more valuable right??

[CheekyMonkey888]

@frvfilms yes, mercury can be turned into gold using nuclear physics, but it takes enormous energy

[283inc]

These gold holding numbers you speak on are false,right now Bank in Greece leased gold to J P Morgan J P sold it and repayed the lease in dollars and The Greece based bank retained rights to claim they own I M F rules allows this so there is no telling who has what.

[yaplonglong]

No worries, US has 8100 tons of gold reserve, almost 8 times that of China.

[TVCreed]

@yaplonglong

how much of that is stolen?

[yaplonglong]

@TVCreed - I guess about 100 tons, (left that is).

[chinasweetbaby]

@yaplonglong At August 22, 2011 rates of $1890.04 an it is worth $278.3 billion,usa owns china $1.15 trillion,so that t mean even if usa cell all this gold , they can only return 25% of thir dept , lol

[MaoistRebelNews2]

@chinasweetbaby i love your comment, its the best one so far

[chinasweetbaby]

@MaoistRebelNews2 thanks

[machstar12]

@chinasweetbaby you got some bad literature

[player276]

@chinasweetbaby Yea, well by current economic projections, if nothing is changed, the debt will be down to 350 billion in 2013.

[Tokopol]

Gold is in the midst of a bubble. If they are buying it now, it's probably with the intention of dumping it at some point in the near future.

[yaplonglong]

@Tokopol - Yeah - paper gold, because it is hetched 100 to one. China is buying physical gold.

[waltermh111]

@Tokopol Even if physical gold were a bubble, its the everlasting currency. It is likely to always be an acceptable standard of trade, unlike fiat money. It is not tied to a country that can fail. Therefore, it cant be seen as a bubble like fiat currency.

It strengthens as the demand for it rises. So the bubble will shrink only when a fiat currency replaces the US dollar in demand large enough to support world trade.

Then you simply diversify again. Gold is a flexible trading currency for that.

[SentientRaven]

I think it's important to note that it is not the intention of China to undermine the US dollar... their intention is to protect their wealth and that merely incidentally has the effect of weakening the dollar.

In other words, this is an act of financial protection, not aggression, even though it negatively affects the US. Any country (certainly the US) would do the same under these circumstances.

(Communists and non-communists alike should understand and agree on this.)

[waltermh111]

@SentientRaven I am sure most of us agree. I didnt hear an asessment that it was purposefully an act of aggression, did I misinterpret MRN?

But thats irrelevent. In the real world the US will agree with you but still put up a threatening face because it can hurt the US dollar which the people most invested in that currency will see as a threat

The US can't fight china, but it might fight tooth and nail to survive as a superpower economically. It has so far, just not with likes of china

[SentientRaven]

@waltermh111: Yeah, I just wanted to mention it, I didn't want to imply that MRN said anything to the contrary. :)

[GreatGungHolio]

The end of the US 'free lunch' is approaching.

[yorubablk3]

The well deserved and much anticipated 'Fall Of America'.

[azrodrigues]

@yorubablk3 they won't agree with loosing the dollar hegemony and since it's quite hard to start a world war when many countries have nuclear bombs, I really don't know what's about to come!

[DanMarik]

@yorubablk3 Or the fall of the U.S. Dollar as a Reserve...

Get off the bandwagon hate, its so funny.

[AtheismCentral]

I like that China went from a laughable fuedal Country (before Mao) to being able to bankrupt America. (after Mao).

[PeakOilCountdown]

Awesome video blood!

[TheSocialistAngel]

I love the globe on your side :) if you could make it spin and have words move and you talk :)

you'd officially be the most professional Marxist EVA

[kulage200]

And There makeing a Tradeing Hub Here in St.Louis.......XD

[madjimms]

GO China! In 20 years China will be on the bleeding edge of societies & technology.

[psr2002]

I love the posters on the wall. Are they available anywhere? Or are they “collector's items"?

[fonkymaster]

China is on their shit...

[Labargoth]

It makes me sad, that China became capitalist...

[allal231]

the end of capitalism is near, comrades make ready for the world revolution

[ervin920]

@allal231 not capitalism. capitalism will live on within china. but the fall of democracy and america is very likely. america is just struggling to run congress without borrowing more money. i fear the 17 trillion dollar dept ceiling obama set is digging a hole to deep to climb out of.

[SapphireDiamond19]

So in other words, were in deep doo doo right?

[Theowest]

FUCK YEAH.. or I don't know.

[yankydoodle83]

Actually I dont support Chinas sway over the US economy. Its a little unethical isnt it? Its more of the USs fault, but bear in mind the US is full of innocent people too, if not a little brainwashed. Pretty soon, we may be trading one oppressive foreign power with another, eg Chinas already buying up sooo much of Africas natural resources and stealing from the ppl there=(

[waltermh111]

@yankydoodle83 I support anything that topples the US inperialism

I am in the US and tired of most people not standing up and still being called innocent

Its our gov, but you see us marching like europeans do?

No

i dont know what you mean by china stealing, but I do know that china has yet to send armies to other countries and occupy them to get what it wants. It simply spends money

But when it starts doing that, I will oppose it too

I dislike chinas move to capitalism, but we are worse by far

[TVCreed]

@waltermh111

i agree with you, im im the UK im sick and tired of the government quest to hijack other countries and killing millions with tax payers money, at the same time reducing public spending.. when is this country going to wake up.

[SkidRowRadio]

well, Brown sold all the UKs gold to try and make a dint in our debt.. lol.. FAIL. 

[MaoistRebelNews2]

@SkidRowRadio Maybe he sold it to China, thanks for the help!

[kulage200]

@MaoistRebelNews2 Well,There Go US/UK Relations

[CTFxCsoldierNumber27]

hey we got the graphics going lets go!