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Message: Re: Embry on Gold - May 16

Re: Embry on Gold - May 16

posted on May 18, 2008 09:03PM
Slugbait21.../ John always looks ten yrs younger in black 7 white.. John always cry"s wolf about gold manipulation,and that paper money will no longer exist.What John does not seem to be clueded into is ,the price of gold is based on the US dollar as the dollar is the most trusted liquid dollar in the World.No dollar no gold price.Living both the Western and Eastern culters i followed with keen interest the Asian"s makeing sure their children understood the World of business and why it was important for China to control the World financial system.China for the first time ever has allowed gold to be sold in Banks and through other avenues at $ 900. US a oz and this sets a base price for gold.China has had to hold their tonge in the last few months because of world politics and will open their doors through the Olympics,but bet your bottom dollar after September China will start to demand from the US Trillions of Dollars to pay for their hardships and drive the US dollar down so low that gold will skyrocket with high inflation.China will show the US how to play the dollar and gold price game.(Game in Chinese means Gold )Traps7 Feng Shui East West...with out prejudice.
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