tag:blogger.com,1999:blog-1592992209402300549.post5548050721576318193..comments2024-03-28T08:06:43.198-04:00Comments on The Silicon Graybeard: IMF Grants China Reserve Asset StatusSiGraybeardhttp://www.blogger.com/profile/00280583031339062059noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1592992209402300549.post-4318654385805039662015-12-01T15:17:28.500-05:002015-12-01T15:17:28.500-05:00Great post. I too turn to Rickards to understand ...Great post. I too turn to Rickards to understand what is going on and what may happen. I'd recommend both his books and his blog.Karlhttps://www.blogger.com/profile/00097451556633262624noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-52106419241899131832015-12-01T11:52:30.159-05:002015-12-01T11:52:30.159-05:00To me this is recognition of a changing power in t...To me this is recognition of a changing power in the world and is as much a recognition of the decline of Europe as it is the growth of China; with China and the US having the biggest portions of the SDR (albeit with the US 4x as much), it is showing the decline of Europe generally with big changes in the Euro and smaller changes in the Pound and the Yen, where Japan has been languishing for decades now. <br />Is it significant? Yes, but it is NOT just a sign of China's rise. Jonathan Hhttps://www.blogger.com/profile/10476185257203343474noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-53551495692465111752015-12-01T10:21:00.716-05:002015-12-01T10:21:00.716-05:00They still have old genocidal maniac Mao on the ya...They still have old genocidal maniac Mao on the yaun.<br />That tells you everything you have to know about it the entire basket of fiat slavery.<br />Withdraw consent now.<br />Go Gault.<br />Become as self sufficient and self determining as possible while you have the luxury of time and resources on your side.<br />Winning against these tyrants and their one world order war against our freedoms begins with each of us.Dougnoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-21678839430204727822015-12-01T04:09:04.467-05:002015-12-01T04:09:04.467-05:00Granting the Yuan benchmark status is partly due t...Granting the Yuan benchmark status is partly due to China's role in the world economy but just as much due to the methodology China uses to run it's economy. It's a closed system. The IMF et.al see ONLY what the Chinese want to be seen. The US tries to do the same but as a more open society fails to cover up the inherent weakness due to our debt and poor fiscal practice. China is in the same position the US is but can do a much better job of covering it up, thus it has to<br />an extent conned it's way into this circle of currencies. As long as the US can continue to produce energy at levels akin to current output our econcomy, while not robust, will remain relatively stable.<br />A country must produce something, if it isn't hard goods then energy will do. The dollar is still king of the hill and at present no other currency has what it takes to dethrone it....not even the Chinese.<br />And we will likely remain king of the hill unless/until politicians in their greed do something that changes that. We are in far more danger from our own leaders than from outside forces.Dannoreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-12691812338164536072015-11-30T23:58:08.129-05:002015-11-30T23:58:08.129-05:00I'm just finishing up "The Death of Money...I'm just finishing up "The Death of Money", and it's a real eye-opener.<br /><br />I can't believe the games they play with gold.<br /><br />If you "own" gold, it better be the kind of ownership where you actually have physical possession of it, otherwise you do NOT own it!drjimhttps://www.blogger.com/profile/05647484115197408897noreply@blogger.comtag:blogger.com,1999:blog-1592992209402300549.post-72404343062261912442015-11-30T21:21:49.444-05:002015-11-30T21:21:49.444-05:00Video - Carly Fiorina Responds to Planned Parentho...Video - Carly Fiorina Responds to Planned Parenthood Siege:<br /><br />http://commoncts.blogspot.com/2015/11/carly-fiorina-responds-to-planned.htmlcommoncentshttps://www.blogger.com/profile/14497825816313122743noreply@blogger.com