Archive for September, 2009

GOLD IS NOW UNDERWRITTEN BY CHINA

Friday, September 11th, 2009

There is really only one government in the world that understands the virtues of gold – China. Not only is the country buying all the gold that they can without pushing the price up but they are also encouraging the Chinese people via the media to buy gold and silver.

Power corrupts
Let us first look at the US and ex Fed Chairman Greenspan to demonstrate how sound individuals become totally corrupt and dishonest once they become politicians. (Yes, the chairman of the Fed is political position which permits no integrity).
In 1966 Greenspan wrote an essay – “Gold and Economic Freedom”- in which he spells out the importance of gold.   Here is
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