Chinese dumping worthless currency for gold (17May10) Video

The Chinese population and government are dumping the worthless paper currencies of the world, which their governments just magic from nowhere, and dumping guilts, and are instead investing in gold. No matter what the price of gold is, one thing is certain, you can't print more of it like Western governments have done to their paper currencies.

Recorded from Sky News, 17 May 2010.

@bweazel Your ...
@bweazel Your comment is so disliked that it reads "This comment has received too many negative votes". ? Have some humility, you f**king little a*****e. :)

@JRCrowley What's ...
@JRCrowley What's ironic about liking things you like? I never said I agree, but if someone makes a good point that makes me rethink my position,? I like it to bring attention to it. Only a zealot like yourself would behave as though you cannot find good points in both arguments.

@bweazel Ironically ...
@bweazel Ironically you just liked a video by YTKilledRawdog, who is a strong advocate of precious metals. /watch?v=OPA_dFYIe-c Maybe you? finally f**kin woke up from your dumb sleep? :)

Free gold thats? ...
Free gold thats? right free gold floating in the asteroid belt

I? guess Buddha was ...
I? guess Buddha was a Nazi.

I hope China get ...
I hope China get some rain along with the Western part of the US. I own gold/Silver and tryed to get water out of it... does not grow? crops. I think you need Gold/Silver some animals and a farm next to a good supply of water.

@liarpoliticians I? ...
@liarpoliticians I? agree with you UK is in deeps**t

FOR? PAST DECADE ...
FOR? PAST DECADE GOLD OUTPERFORMED DOW !

Fiat money has no ...
Fiat money has no true value, we should be basing our economies on? the worth and efficient use of our resources and stop relying on worthless paper. This is why a resource-based economy must replace global capitalism. Capitalism is a corrupt zero-sum system that eventually breeds greed and concentrates money into the hands of few while making others modern day slaves with outrages dept from idiotic loans and interest. It is not a solution for humanity's long term future. China>USA

China? is golden
China? is golden

@AnjuABCDE I can ...
@AnjuABCDE I can live and survive on pigs and vegies (sic), but I don't think I'd last very long if I? tried consuming gold in the same manner.

@ProtoCaesar ...
@ProtoCaesar because that lump of metal is yellow, shinny and? rare. Gold/Silver has been the standard currency in the past 2000 years. The world may step back 100 years and start trading rare metals again thats why ppl are holding on to gold. But If you want to step back 10 000 years and trade pigs for vegies then so be it.

but india have been ...
but india have been doing this for way longer then china, china put its white jade before gold.. but indians i think? trade land and also gold is used as a type of secound income if times get hard.

@ProtoCaesar? gold ...
@ProtoCaesar? gold is used in everything from computers to space ships, it can never be replace and it is used on lots of stuff, its a case of when will it run out.. then that will cripple any chance of future teck

Many Chinese people ...
Many Chinese people are poor just like? Africa, they live in rural areas, but the rich Europeans just keep racisting.

What exactly makes ...
What exactly makes a lump of metal hold any more value than a piece of paper? I honestly can't wrap my head around it - isn't it just a case of the value that people attach to a certain object? You cannot feed yourself on gold and diamonds, so in my estimation gold holds little value in comparison to food and? water.

they are? smart
they are? smart

When everyone buys ...
When everyone buys Gold and then A Gold Bubble is created, the Central Banks around the world which are waging economic wage warfare will then undermine the Gold Bubble and Sink the economy of the country holding it. It can be done; there are ways to tamper with gold currency. This manipulation can only be fought with ingenuity and stead fastness. Chinese have this but? then at the same time people act stupid in a bubble.

I'm a one-armed man ...
I'm a one-armed man living in a 2-armed man body. I need to have a healthy arm amputated so that I might feel better? about myself.

americans are dumb ...
americans are dumb idiots. Can you find any bazaar in america like? this. The chinese know what real wealth is -- pure glittering gold. And it sure looks good.

why did george ...
why did george soros? donate 1 million to support proposition 19?

Very stupid. Gold? ...
Very stupid. Gold? prices have peaked.

price of food? is ...
price of food? is going to rise...big money is farmland then dollar is doing down

Best? asset to own ...
Best? asset to own during any kind of financial crisis is : farmland. u cant eat silver . LOL

Just posted? a ...
Just posted? a video about this very thing.

Soros says not to ...
Soros says not to buy? gold....soo that means we must buy gold and silver soo those stinking bankers can put interest on printed paper created out of nothing ...stinking banks printing out worthless paper ..end the fed

I guess it is ...
I guess it is better than in los angeles, where consumers are urged to turn in their empty aluminum soda cans for? worthless american dollars and even more worthless american coins.

If you say so,? ...
If you say so,? personally, I think it's just more wishful, euphoric thinking. Have fun

@bweazel The ...
@bweazel The Chinese government has been purchasing gold from its miners. Their action will heavily influence the price of? gold.

Gold bullion has ...
Gold bullion has taken the center stage as the world storehouse of wealth and value Unfortunately very few people know how to enter into the precious metals industry And as a result? those who know are raking in millions of dollars selling bullion coins etc, just as real estate market was the hottest market in its hay day so is Gold Bullion Enterprising today...Now you can enter into the Gold Bullion Industry