http://kingworldnews.com/kingworldn...-Year_Inflection_Point_To_Crush_The_West.html Thought this was a good article. Still more downside I would think before anything but highlights the fundamentals and why this fight is on.
Winston Churchill said 'Let the gentle giant sleep for when she awakes the world will tremble' China will be the nation of the 21st century. Will Australia wake up for it too has been asleep at the wheel. We argue about everything except the important issues for they do not win votes and that is all the politicians care about so it seems. Regards Errol 43
Errol listen to what Montagu Collet Norman, 1st Baron Norman DSO PC (6 September 1871 4 February 1950) an English banker, best known for his role as the Governor of the Bank of England from 1920 to 1944 had to say about politics. He knew what he was talking about ! http://forums.silverstackers.com/topic-40411-central-banks-want-your-real-estate.html http://www.youtube.com/watch?v=wSvECmPRf7A&feature=player_embedded
Australia has pissed away the mining boom, both side of politics are as bad as each other, the same coin, just different sides. So Id say no, we wont get it togeather and no one can rely on a country (china) that has proven time and again, willing to sacrifice the lives of large % of its population to hunger, death and economic strife for the so called betterment of the state. China will come out on top in future, it just depends how far they will go with it to make it happen. They are to smart to fight a war for it and carry enough countries debt to force the issue when it comes time and willing to endure the reletive short term hardships to make it happen. Lets hope the pollies dont decide to start flying a red and yellow flag
Well, this has been the scenario for very long and guess most of us have decided our next move as per this inflection. I have, by investing in gold and silver, especially when the price has hit a low.
Do the majority of people over in the US feel this way or at least feel it in their day to day costs of living that something is wrong? Or is it just hidden away?
More price dropping in gold is the sentiment of a this gentleman - silver is sure to follow suit: http://www.numismaticnews.net/buzz/hardly-a-week-to-go
china??? why because all americas industry is being shut down and moved to china with new dirty power plants their communist regime has an unfair advantage so from that point they should dominate yes they have been a rising kingdom with hundreds of millions of slaves chinese have to import our baby formula ($20 here & $70 in china) because their stuff puts babies in hospital over there china dosent even have clean drinking water for most people, 16.000 dead pigs contaminated their water supply a while back and it wasnt even a big deal millions of their people survive on rat meat (like cambodia and vietnam to) its so sad i really feel bad for them suicide nets at their work at apple factories & having to chain their toddlers to a pole in the street all day while they are at work so they dont get abducted is common place sure they are stockpiling gold at a huge rate because they know the us dollar will collapse in the next couple of years after hyperinflation they want to be become the worlds reserve currency which is very concerning
A few days ago here on this forum I said that today and tomorrow silver would drop to a new 2013 low....let's see if I called it right and how low it will go.....
Next time Ruiliam posts it will be a link for ugg boots or porn. Spam accounts, there's at least 3 of them posted tonight.
Yes I have seen a few tonight. All new accounts making their first post. Very strange. I don't think they should be reported until they post an actual link though. Just incase they are real accounts or something. Makes me wonder how many of the 5000 registered users on this site are actually legit users not just spambots or inactive accounts.
Is it bad that I say thanks to a lot of posts? I have noticed over the last week or so that there isn't many posts happening on silver stackers but most of the posts have been high quality if you know what I mean? Obviously it would be bad to reply to every other post but I feel like I should do more than just keep scrolling lol.
I click the "Sat Thanks" button only when someone writes something that is exceptionally spot on and that may communicate better what I would have wanted to express. Otherwise, I see no need to use that option.
In my understanding "Say Thanks" button is not completely harmless thing as it raises the topic to the top. So may be a bit steady on the trigger?
I'm not convinced. China has enormous demographic issues - ageing population and not enough younger people to care for them let alone be productive. India has much more potential, however they are constantly shooting themselves in the foot - known to screw anyone over for anything. Russia has enormous potential however quite literally their drinking is a problem - it affects the individuals life expectancy and their spending patterns.
I think China is thrown around a lot because of how many people are there, so % of world population. They have historicaly been a world power house, they are willing to allow many in there population die to better themselves (not a good thing for little Johnny Ching but good for China to get ahead) They are also a net loaning nation, one of the few in the world and (I think) are 1 of the biggest holders of US debt. If they can move to a consumer nation as they are trying, China will become like the US 40-50yrs ago and it will be the golden rise of the red. If at the same time (as it seems it will) they back their currency with gold and return to some form of gold standard, they would very much be in a position to untie their currency value from USD, dump US debt, crash the USD and shift trade to Chinas gold back new world reserve currency. They are already making inroads in setteling trade with no USD and I would think this would be a logical outcome they are aiming for. It would mean a massive loss of the money they have leant the US but when the upside is to have all trade carried out through your own currency, I dont think this would be to hard to live with long term. I may be wrong in this but Im pretty sure I read most of that money has come from the small savers in China anyway and we already know that they mean nothing to the state. Rassia has a whole host of issues to deal with and the last play they made at becoming the dominant world power has left them worse off then most could understand. They will be a controlling force to be certain but I think they are more then happy to see others take the big risk then come in and pick up power. I cant see anyone fighting a war to gain control (US/USSR cold war showed the outcome of this) rather it will be through debt/currency wars that a winner emerges.
