Crisis China: Gold, Dollar & Runs on Chinese Banks - PRE-REPORT VIDEO

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I'm reading and confirming reports that there may be possible runs on Chinese banks. If this is true, this maybe on for the reasons for weakness in the dollar...and gold/oil going up in recent weeks.

If true, this will have major international ramifications....that will send US and world interest rates off the charts...and push our economy into a deep abyss.

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Category:

Education

Tags:

• china
• US
• economic
• collapse
• yuan
• Chinese
• banking
• bank
• depression
• dollar
• crisis
• war
• recession
• housing
• gold
• silver

[insertthissideup]

Holly Molly !

[Growby10]

@insertthisideup - that's what i felt!!

[motonegros]

Thank you from the Philippines Growby!

[Growby10]

@monttonegros...the Philippines?!?! cool! thanks for watching...there's a lot more to come!

[kswatcher]

Thank you. This information will be very important for me.

[Growby10]

@kswatcher - this info SHOULD be very important to all of us...but no one seems to be paying attention. at the same time....there's so much hidden from us. thanks for your comment!

[kswatcher]

I noticed that the financial talking heads are pushing investments in China as the new gold mine. If there are bank runs in China, wouldn't it be because China holds so much U.S. debt and they fear an imminent default? It may seem like a really stupid thing to do, but I think that I've decided to close my IRA and take possession of the gold in it before gold goes up further in price, and I don't have enough cash to pay the taxes and penalties. The economic situation is looking very bleak.

[brovic777]

Can't find anything on the net to confirm what your saying yet. Not even a blog.

[4x4jeepjeep]

Asian websites? Ok, which ones?

[4x4jeepjeep]

Reports from where/who? Cough,Bullshit,Cough.

[4x4jeepjeep]

Source? Cough,Bullshit,Cough...

[DoctorsWife56]

Thanks. Just when I think I can let up on preps we get this kind of news and I know it is time to shift permanently to personal, familial & community sustainability. I appreciate the heads up!

[brovic777]

Did find this though.

Billions pulled out of China

Duncan Mavin, Financial Post Published: Thursday, January 08, 2009

HONG KONG -- Royal Bank of Scotland has warned it may become the fourth big investor in just a few days to pull billions of dollars out of the Chinese banking system, fuelling fears that China's faltering economy could be hit by massive capital outflows in coming months.