China Buying Gold Not FRN$

http://www.runtogold.com

Rep. Mark Kirk (R-IL) told Greta Van Sustern China buying gold and moving away from the FRN$. The reality is that Fort Knox is empty and the gold was sold to Cash4Gold. China is now buying enough gold to fill up Fort Knox 2x!
http://www.runtogold.com/2009/06/gold-and-silver-coin-shortages-again/

There have been plenty of public comments by various officials about avoiding the FRN$ as Resurgent Russia Is Discharging Dollars and Brazil Is Bucking The Buck. China would rather have physical gold bullion such as the entire International Monetary Fund hoard.
http://www.runtogold.com/2009/06/quantitative-easing-by-fed-is-predictably-fa...

HOW TO BUY GOLD OR SILVER
http://www.runtogold.com/how-to-buy-gold-or-silver/

Category:

News & Politics

Tags:

• rep mark kirk
• china
• investing
• gold
• silver
• FRN$
• dollar
• oil
• obama
• spending
• depression
• recession
• economy
• cash4gold
• goldmoney
• how to buy gold
• quantitative easing
• federal reserve

[DirtyHarry000]

Blind, stupid Americans.....

[virtuous8]

geithner can't even fool chinese students.

[docsein1]

It's the smart thing to do for China.

[Einstien1879]

if the world use gold standard as currency then US$ will be worthless paper because of US huge deficits & gargantuan debts.... demise follows the irrelevant.... unless war will erupt then US will be at center stage & arms sales will pump up the economy...... my prediction is that conflict will start somewhere in asia alongside with south china sea tension... unless china will not fall to traps of war.... but instead sacrifice some alleged territories & embrace peace... :> )

[redwhitedude]

If the chinese stop lending to the US. The US would not be able to afford chinese goods, meaning all those factories in China will have to lay off people.

[Denmarkpwns]

That is what happens when you pay low taxes.

[illuminaz1]

@lilylessons let me see it

[spiff2003]

Tell China the truth. The people of the United states has been hijacked by there own Goverment and robbed and Obama decided to screw them because hes power hungry and on a 24/7 acid trip on his own ego.

[Rico8458]

the day the american white man, white anglo-saxon protestant white americans let this nation fall down, turn their backs on their own nation, and dont put gold and silver back in their money, then we are all doomed to destruction. catholics and jews and every other foreign born hispanic african asian immigrants hindus, all standing by to take over here.

[pokermon919]

Chinese have been loan sharks since the dawn of time. They know bad credit when they see it. China is playing this the best possible way without ruining their investment.

[dogstar7]

How do you know when Mark Kirk is lying?

His lips move.

[scottsdalesilver]

Actual Bullion like Scottsdale Silver Stackers