How Does China Play in the Bigger Commodities Picture?
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@chrisweihu2009 the sound is only in the left hand side. i'm listening on headphones right now and david's voice is only in the left ear
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This chick always seems to have downed a beer or 4. IMHO.
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where happened to the audio? no sounds
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thanks for the upload!
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China is stocking up on gold to back their currency, and we have little to no gold left. What happens when nobody will take our worthless dollars anymore? China will demand tangible assets to repay the debt we owe them, most likely our land.
EricShermansChannel 1 month ago 4
I don't think a gold/silver backed yuan is not that far off. China is the number #1 of gold and the #3 producer of Ag. They export next to no silver and have been importing both metals like crazy, the silver imports jumped %400 in 2010.
Good report.
acuriousbeast 1 month ago