Time to buy gold/silver/platinum...Lots of it...
The USD dollar is toast. No more RMB pegged to the USD in the distant future
http://www.reuters.com/article/china-gold-fix-idUSL3N17M1Y0
China launches yuan gold fix to boost power in global bullion market
No wonder gold bullion shot up 20% this year so far. Dollar's strength is currently being artificially propped up by the Fed. That's going to come undone...
Capitalism is failing. It thrives on greed and most of the wealth is moving to the top, crushing the middle class. When it's rich or poor and not much else, what do you think will happen. See France and King Louis or Russia and Czar 1900s. The greedy pigs will get what they are asking for. Sure Donald Trump will fix it. What an assclown.
China doesn't have as many people that whine. The government doesn't allow it.
China refuses political correctness. That alone is rocketing them ahead of the US
@-gze
Gleen Beck was a fool.
Gold however is 20% YTD. How about intel stock?
Doh!
Glenn Beck joining us today!
Errr. I meant
And that's both from Obama followers and Trump followers who want jobs to be non-competitive and simply gifted to people in the US, even if people aren't qualified to do them.
Well, -jzn. I have to agree with you, Technically the US is not in communism, but simply more like a planned economy. That said, most of the middle class in the U.S. are these days are gravitating towards socialism.
Being the best, and earning more, is no longer valued. Everyone wants "just a job" and wants government to take care of it for them. And that's both from Obama followers and Trump followers who want jobs to be non-competitive and simply gifted to people in the US, even if people are qualified to do them.
You see... This is The Communism, Uncle Sam induced. USA is far (as I can see) for 10+ years in Communist's waters. Started before bailouts, but extend since then. The same what true Communist countries did long ago to their Economies (criticized harshly by Uncle Sam). :-))
China is true Capitalist country, and this is the main reason why China will prevail, and totally crush USA economy. Sorry for the naked Truth, USA/Uncle Sam Feds. ;-)
What's interesting is that both India and China ban the export of Gold. lol.