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great video also great that I can comment, goldtothemoon don't block me anymore

Quoting Warren Buffett is interesting - he got out of silver a long time back.

China exports to the US and imports technology from the EU, they need dollars even if they dont want to have them. The economic disturbance we are living trough right now will affect every nation/country/state in the world. China will be affected, Russia will be affected, the EU will be affected and the US will be affected. Only Africa may come out of this unharmed but that is because there is close to no economic activity in that part of the world that is not governed by a foreign nation like.

I believe China is suffering with the rest of the globe. I also see from history the millenia of experience the Chinese have in trade. I believe any relationship with the IMF and China is a tenuous solution at best because the IMF is the largest group of economic hit men on the globe. This position would also put China as a major stakeholder in any future decisions by the IMF to bailout the US under conditions of a default on its' (The US') debt. Strategically good for China, bad for the US.

I hope they will cut off the links to the IMF, but i think that would be the first country to actually repay the IMF. (I'm not sure..). But i hope you're right about China knowing what it's doing. I'm just hoping there isn't a revolving door with the US and Chinese government. That's really my primary concern, call me paranoid, but this whole thing seems planned for years. lol.

I suspect China is buying bonds, with the IMF for the following reasons: a) to dump dollars b) to diversify c) to begin the process of building a strong (er) currency in the Yuan (renminbi) d) and to get away from the FEDERAL RESERVE BANK I am watching China because if you want to know what is important to them don't ask; see how they spend their time and energies. I would not advise them to look for a long-term relationship with the IMF; but ...China does not want dollars.

No! I am not saying China isn't able to back their own Yuan with Human Energy (as a component of the GDP of China), Gold holdings (and other commodities in general) and a mixed bag of currencies preferably non-FIAT (human energy from productivity by other countries that also back the currency with commodities). China knows what they are doing. They are only pegged to the dollar via the HK market; so in essence they have not pegged the Yaun. But, my suspicion is that this is the next play.

So, you're saying china isn't able to back their own yuan with gold rather than trust someone else with their money? How is the IMF a lesser of two evils when they are responsible for the debts of third world countries, and their enslavement. How is one WORLD central bank less evil than one COUNTRY central bank? I say we cut off the kool-aid supply and get the real capitalism rolling before we can't afford our own clothes and food.

The IMF is only the lesser of two evils, when weighed against the dollar and the FEDERAL RESERVE BANK. In other words, China wants out of the dollar. FIAT currency is backed by the faith that humans will expend their energies towards productivity as the base of its' value. The BRIC nations understand that the worlds super-consumer has a large population sitting at home watching reruns of Andy Griffith on a new television and couch purchased on credit. Follow the yellow-BRIC road.

"Hell yes" ? Hmmm, isn't the IMF the world's federal reserve? Seems to me we're in deeper shit than we were. Sure it'll allow our silver investments artificial cap to pop off, but then what? We'll still be worse off as a society. This whole thing is pretty scary.

China is NOT going to honor derivative hedge contracts for silver. China is keeping there silver and giving it to there citizens for protection from the coming hyper inflation crises. China is going to break the silver market and the dollar. One Billion plus Chinese people dumping dollars and buying silver and gold all of Asia and the world following china . We are doomed God help us. search utube for who let the china silver bulls out

I am getting some.

Good article by the way. The answer to attaining a truly free-market is to remove the obstacles that persist in obstructing the natural laws of economics. The question we have to ask ourselves is, "How far are WE willing to go to limit our own potential?" M. Armstrong admits in his article that GS is but a symptom of a mindset. But, if there is anything on this Earth that they care about or love, beyond money and a surplus of wage slaves, that mindset can be changed.

There is a stench coming from the Federal Reserves and everyone recognizes the smell; so Bernanke, Geithner, et al cannot continue the game of "Hide the Turd" forever. China just said basically that they will default on derivatives they purchased unknowingly. After the crash ...and it is going to be a long one (L-shaped. straight down and then flat) ...only then can we begin to attain a truly free-market. You're spot on about the problem being the Fed itself'.

Looks like the people involved will stop at nothing to keep debt deflation from happening. Just need to read the conclusion on the last page tinyurlDOTcom / mwwzxv

No! I am saying that no amount of influence to artificially suppress the price of commodities is sustainable when the patient (USD) has terminal cancer and the Doctors (FEDERAL RESERVE BANK) are using morphine and happy bullshit to prop up faith in a carcass. Look for a condition of stock market down/dollar down for the signs of a possible thermal runaway of bloated (speculative) prices of commodities when investors don't know which way to run.

So despite the extent of manipulation / speculation of the price of 'x' you are saying there is still the case for a 'free market' ?

On the US scene, GS is too big to fail. Outside the US, GS is too small to succeed. Enter the IMF and BIS. The IMF is now issuing bonds and China says, "Hell yes!" We won't know whether the IMF will even sell the 403 tonnes approved for sale until October. Look for a directional move in Ag around 21-23 of September. I don't know if it will be up or down.

GS doesn't have as much control over the markets outside the US; case in point the BRIC nations. There are many, many, many other market forces in play that can have an effect on the price of Ag. In particular; other commodities and growth internal or external to the US markets. Speculation is speculation. If I could determine the response of the masses to a plethora of scenarios, personally, I would still buy commodities.

of what? paper Failure to Deliver notes - see businessjiveDOTCOM

Funny cause I heard the opposite. The banks promised to pay but left most waiting. So I guess we'll never know cause even history is corrupted.lol

Hong Kong recalls gold reserves, touts high-security vault marketwatch [dot] com/story/hong-kong-recalls-gold-reserves-from-london-2009-09-03

The guy at timer=2:00 needs to see an eye doctor!!!

the fallacy is that a peg to metal is needed for fiscal responsibility. totally bullshit... the problem with a gold standard is the central banks have used money out of thin air to buy most of it. the colonial script used by the founders was Fiat but the system worked well. Either way...I believe that in the current environment purchasing silver and gold will be the better investment bets going forward.

i love my silver but i still think they will unpeg metal from the dollar standard when the dollar collapses enough. id say around nov 2010 they will use the new world currency that they showed at the g20 meetings this year. china just bought 50 bil(us) worth of IMF currency and will slowly dump the dollar over the next year. im still buying silver but ill sell sometime after summer 2010. i think the dollar will be worth 30-40 cents by the end of 2010 at best.