China & Japan Dump US$!? Gold & Silver Gain Due to the Abandonment!?
Article: http://www.presstv.ir/detail/2012/05/30/243733/china-japan-trade-currencies/
This video speaks about the recent agreement by China and Japan to dump the US Dollar when it comes to global financial exchanges. The article showed is from PressTV which is one of the very few groups or media networks reporting on it. Forecasts on Euro, US Dollar, Yen, Yuan, Gold, and Silver markets are mentioned.
Warning: No profit, loss, or any change in financial values is guaranteed in this video.
Duration : 0:3:36
[youtube ojzgCBWON1I]
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I have been busy. I …
I have been busy. I trie to pop in at least once in a while. Great work.
In the end a strong …
In the end a strong country must have a solid fundamentally strong economy.
…Why can’t I …
…Why can’t I rate your videos? It’s the only way I can share your vids….that’s easy.
well good news is …
well good news is china is printing lots more money, so they will fail to supplant the us dollar as the world’s reserve currency for the time being.
sub’d, enjoyed the …
sub’d, enjoyed the post, thanks.
They do have …
They do have concerns, but I see Shanghai much more favorable
come on.. in the …
come on.. in the end.. its all the same.. its not as-if China and Japan are not printing… i will argue China is even printing more and is hving serious problem…
Bonds ROSE. The …
Bonds ROSE. The yields fell. You better have shorted the yield.
Oh sorry, my bad..! …
Oh sorry, my bad..!
I think I know what you are talking about relating to the NPR guy.
Oh for sure, you …
Oh for sure, you spot on.
The guy on the NPR radio that I listened to was an idiot because he was preaching the flawed argument that we all need to go out and spend more. His flaw is that spending is not equal to investment since there is all kinds of spending which is wealth destroying also known as the broken window fallacy. Case and point is Cash for Clunkers.
You are good, keep doing what you are doing.
Who are you calling …
Who are you calling an idiot?
I am sure advocate of savings, production, and growth…!
I have mentioned it in my other videos.
it may not be …
it may not be backed by sound economy but it is backed by the biggest guns.
There you go! …
There you go! However, the game is longer and larger than monopoly.
When the game is over, there is no use for the currency.
There is a problem …
There is a problem with the US dollar. The US keeps printing them. In other words the US dollar is monopoly money.
Oh I heard there …
Oh I heard there were plans of talks of this, but hardly no one spoke about it on the day it happened.
Cyrus, this really …
Cyrus, this really is old news brother, it’s been out for about 8 months.
Hope you people all …
Hope you people all shorted the 10 yr., easiest money I’ve ever banked like I told you months ago. Man, it’s been a great year!!
Subbed buddy
Subbed buddy
I listened to a …
I listened to a whole speech on how we need to keep spending more. It went on to say that spending is what drives the economy, and saving slows it down. But this idiot failed to see that saving is the equivalent to producing something, giving it to someone else, and expecting payment in the future. That is how real growth happen. I am not surprised that our media will not tell us this, because it its not in their interest to have the very people that finance them lose their money.
This trade deal …
This trade deal between Japan and China is one of the most significant agreements in modern history and the US media isn’t even touching it. Plus we have the ‘BRICS’ nations ushering in a new era of gold backed currency. Keep stacking everybody. Its going to be a bumpy ride.
Amen! It is been a …
Amen! It is been a while I have heard from you!
The USA dollar …
The USA dollar doesn’t have a sound economy to back it up. It’s bound to collapse.
In the future, I …
In the future, I see the US Dollar to be propped up less that it does now. These events will help burst the bond bubble since Asian buyers decline. This increases the chances of security purchases through monetization and more US $ devaulation. It will be difficult to keep interest rates low and higher rates are surely ahead!