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CHINA ISSUES GOLD-BACKED YUAN
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You are currently reading a thread in /pol/ - Politically Incorrect

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And it's not exchangeable to or for US dollars.
Are you ready for the ride of your lives, lads?

http://www.globalresearch.ca/the-collapse-of-the-western-fiat-monetary-system-may-have-begun-china-russia-and-the-reemergence-of-gold-backed-currencies/5521107

http://www.globalresearch.ca/china-says-no-dollars-for-new-yuan/5520618
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>>71748652
The ride never ends.
>>
I hope it's true. You know the banker jews go full REEEEEEEEEEEEEEEE if anyone threatens their immense financial scam
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Stop sliding this thread you animals.
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>>71750068
>Sliding
This could seriously cause an economic crisis you imbelice. Go back to your cuck porn threads
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Incredible. Seems like the Cold War is now fought via money now.
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>>71748652
Well, once you've emptied the mag, might as well just throw the gun, right?
>>
Please stop pretending that this is a big thing or will mean anything.
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>>71748652
lol ok. Now they cant devalue their currency. They are preparing for God Emperor.
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Oy vey, time for War America my friend.

https://www.youtube.com/watch?v=ckVYO9oI8vc
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>>71748652
BAD GOYIM!!!
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>>71748652
>The new Yuan will be introduced next Tuesday, April 19.

It is April 22nd and this is the first time I'm hearing about this. ib4 China is nuked.
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>>71748652
is this good or bad?
>>
China is constantly fucking with their economy and currency to fuck over other nations.

Only a full blown retard country (Russia or North Korea), would try to go into this new currency because any western nation that does will just be fucked over wen China devaluates their shit like they always do.
>>
>>71748652
If the US dollar crashes does that mean we can get our revenge on thd Saudis?
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>>71748652
always that one canadian site lol
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>>71748652
Literally everybody knew this was coming the moment China started hoarding gold

So what is going to happen now? Will the Yuan start to usurp the USD?
>>
>>71750529

Good if you're china, bad if you're anyone else.
>>
it's not gold backed faggots

>they set the price to gold twice daily

gold backed means permanent, not fluctuating.
It's the same thing London does with the big 10, except now China is bigger than the big 10 xd
>>
>>71750529
Depends how much your country is dependant on the US dollar andhow much of it has in reserves.
It is only truly bad for USA tho.
>>
If this would be real, America would fucking nuke Beijing.

They did the same thing to Iraq and Libya.

>>71750529
Bad for America and it's allies. The current geopolitical system is based around the petrodollar. America has a really proactive policy whenever a country wants to use gold to back it's currency. They always bomb the shit out of any country that wanted to do that.
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Hey boys, isn't it about time china found a bunch of oil reserves?
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>>71748652
Yeah, I'll just go invest in the chinese cummunist party. I'm sure I'll get a great ROE when they decide to seize all foreign assets.
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>>71750231
Go back to your hugbox, leddit

This is a fake story
>>
>>71750675

No because no Western country will by into a currency that will be devalued every time the Chinese government wants to fuck over everyone else.
>>
Should i start buying hold now?
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>>71750751
^this

read it faggots, they didn't back the yuan with gold
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>>71750675
>>71750653
>>71750529

hold it you dummies.

Stop swallowing the gold meme.
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>>71750764
Just like nobody will buy into the currency that can be devalued whenever Saudi Arabia wants to fuck over everyone else, right?

Oh wait
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>>71750764
>Implying being backed by gold doesn't prevent exactly this
>Implying the US doesn't do it regularly
>>
>>71750751
>>71750842
Awww are you mad people are leaving your slide threads? The topic today was gender war and gay rights, right?
Sorry but today a real happening is looming.
>>
>>71748652
at least one nation in this world is fighting against the jewcash. what a fake faith based confidence coupon system we got. green food stamps. con-artist jewgold.

now that china has OFFICIALLY beaten destroy FUCKING DOMINATED the amerifat confidence confetti, what will burgerfats do? WHAT WILL YOU DO FAT NIGGERS? WITH YOUR NIGGER MONEY.

ALL HAIL THE TRUE MASTER RACE OF CHINA

MAY THE LO-MEIN BLESS YOU AND KEEP

EGG ROLLS FOR EVERYONE AT DISCOUNT PRICES VALID FROM NEVER TO NOW YOU BUY NOW GET OUT MY STORE
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>>71748652
Guys anyone knows why kikes actually cry infront of the wall of tears or whatever the fuck is called?? What's the fucking point?
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>>71750861

Saudi Arabia cannot do shit except make threats that will only destroy their country.

> who gives a shit

>>71750864

No one gives a shit about you or your country, faggot.
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>>71750859
>fiat kike detected
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>>71751018
I just came here, I read this slide thread yesterday on 8ch.io

China is not doing a gold backed currency.

They are setting a price index 2 times a day, using the renmimbi.

Gold backed means a note is worth a certain amount of gold. Forever. Not changing ever 12 hours.
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>>71750480
^this

Do any of you guys consider that no version of the upcoming U.S. election ends with a trip to easy street for Americans?

Hill will continue the Western elite's 100 year plan for corporatist globalization.

Bernie will embolden and even lose ground to the BRICS globalists.

Donald will set back the Western globalists, he will bring the BRICs to heel for the most part but China is going to become the most dangerous shithole on earth as a result and America will be tasked with treating it like a new Middle East. (Get pumped, Japan and Korea. You're our Israel and Saudi Arabia in the emerging 21st Century Far East.)

The best case scenario is we level up and start preparing for the next Boss: A completely destabilized Asia.

Worst case scenario is we continue our decline and choose whether our new masters will be Corporatists Globalists or Statist Globalists.
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KILL EVERY JEW BEFORE THEY KILL YOU
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>>71750494
You can hear that they stand above God. Very dangerous.

Post more, please, though.
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>>71748652
How does that work the next time the chinese market goes nose first? Serious question no memeing
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>>71751558
The Chinese are worse than Jews, thats why they are famously known as the Jews of the East.
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>>71750751
Are you a jifd or just this retarded serious question
>>
For real though how do I trade my USDs for the new and better Chinese money?
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>>71748652
You know something is wrong in this world when China is the side of freedom.
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>>71748652
Should be interesting to see how this plays out.
>>
i was saying on /biz that china maintains control over their currency to have high exports and use the export income to buy/mine gold and precious metals.
now they will own the world because they smart
they loyal
they genius
>>
Will this help trump win?
>>
Is this a real story or a hoax?

Because if it's not a hoax, shit is about to get real very quickly.
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>>71751750
Brasil Russia India China Sweden
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>>71751782
Not sure what world you're living in.
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>>71751782
From Mao to Lmao in less than a century
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>>71751782
The road to Papa Yama.
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>>71752065
>Fiat currencies are fine, goyim. People do not like currency backed by something, they prefer colored paper. Nothing to worry here.
*rubs hands*
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>>71750835
What would be the purpose? You can't have guns to defend it. Can you even buy land in the countryside?
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>china
>manipulates their currency every chance they get
>somehow this means anything

A large driving force of markets is faith and trust. Just because they're using gold doesn't mean they won't fuck with their currency once they start losing money.
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>>71751513
You think /pol/ cares even vaguely about facts?
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>>71748652
>And it's not exchangeable to or for US dollars.

>Buy gold backed Yuan
>Exchange Yuan for the gold it represents
>Buy dollars with gold

If you think your out jewing the jews... it's only because they're really out jewing you and misleading you.

Also gold backed Yuan literally means nothing
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>>71751921
This is very real my friend.
If you're doubting the source then have fucking reuters
http://www.reuters.com/article/china-gold-fix-idUSL3N17M1Y0
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>>71752383
What are the mechanisms they use to keep their currency consistently worthless? Do they just leave the printers on?
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>>71748652
It is an important move for China, but this,whole thing is being misrepresented.

China will begin its competition with London & New York and attempt to create the equivalent of the London gold fix but in Chinese yuan on April 19th. Top Chinese banks, alongside Standard Chartered and ANZ, will be among 18 members to join a new yuan-denominated gold benchmark that signals China’s biggest step towards making the yuan convertible.

China is not making its currency backed by gold. It is unpegging from the dollar.

Essentially, all China is doing is making a competitive structure to set the price of gold each day.

This is currently only done in London and the price they set is used globally.

The sky is not falling. If anything we might start getting a more realistic price for physical gold rather than one forced down by ETF's (paper gold).

https://en.wikipedia.org/wiki/Gold_fixing
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>>71752520
>Also gold backed Yuan literally means nothing
Says increasingly nervous man, for the seventh time
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>>71748652

Why isn't the yuan exchangeable for $USD?
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>>71752778
They just say that their currency is worth less.
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>>71752889
nice meme
>says the "its happening" man for the countless time
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>>71748652
If that were to happen other countries would likely quickly follow and royally fuck the gold market, and as much as /pol/ says "hurr durr US has no gold", that is far from the truth, the US has a rather decent gold reserve just like China, and can wage economic war just like China, only difference is China is a hell of a lot more unstable than the US, not to mention their entire economy is slowing and it's primarily based on trade with other countries, most of which are US and US allies.

China can try all they want, but all they will do is make shit worse for their self in the end for starting a pointless economic conflict with the US.

China doesn't have anywhere near the influence the US does over the global economy, that would seriously be a stupid play on their part, literally a gamble.
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>>71752085
Fucking underrated
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>>71753662
>I'm sure I had some gold, just let me check where
https://www.bullionstar.com/blogs/koos-jansen/us-government-lost-7-fort-knox-gold-audit-reports/
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>>71749927
HAHA WOW. Is that the US ARMY??? Wow we kick ass bro HAHA. Fuck your Brazeelian army
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>>71748652
Can someone explain in simple terms to a retard why this is such a big deal and what the consequences will be?
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https://www.youtube.com/watch?v=FB3-zTsw6GM

PARTY TIME
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>>71754907
Do you actually fucking think the United States government is going to allow anyone to know shit about the country's total gold reserves?

Literally no country is stupid enough to do that, you can do nothing but speculate on how much gold the US has, along with China, because China is always truthful with their economic reports right? But it's safe to say the US probably does have a rather large cache of gold somewhere what isn't Fort Knox, same with many other countries but on smaller scales..i see Knox as kinda like a Area 51 meme, the US isn't going to only have 1 fucking gold vault lol, nor would Russia, China, India, any country.
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>>71755028
Read a book retard
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>>71755296
There a gold vault in the basement of

3100 Military Rd NW
Washington DC 20015
P: (202) 363-6394
F: (202) 363-6396

Copy that before it's deleted or I'm killed
>>
Why wouldnt i just buy my own gold instead of some scam ass "gold backed" chinamen money?

Seriously, a dead giveaway that you're an idiot is if you make a big deal of gold

it's a fucking shiny metal with good conductivity and malleability and most importaty is universally known as valuable

so what makes gold so special beyond being a way to invest liquid cash into a commodity?
>>
>Currency backed by gold
Fuck yes.
>>
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>>71748652
OY VEY GOYIM IT'S TIME TO INVADE CHINA WE WW3 NOW

And the Trump looked down upon the Eternal Jew, and he sayeth...

No.
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>>71755028
Right now, the world reserve currency is USD. All nations have and use USD to trade. But the USD is not backed by anything, it is literally a paper that has value because everyone agree that it has value.
Now everyone knows that it has no intrinsic value, but everyone keep pretending it does because if you accept that it doesn't, then accept you have traded actual real world resources for paper. Every nation in the world is in the same situation, so the lie keeps rolling because there's no viable way out.
But suddenly a way out appears; One nation makes currency backed by gold.
The most plausible of several possibilities is that the other nations gradually reduce their USD reserves and stack on Yuans, because well duh, it's better to have paper backed by something than paper backed by nothing.
Now, the US is severaly dependent on its reserve currency status, taxes in the US should be over 100% since many decades ago to support its lifestyle, but since US can simply print more dollars, they do so and let the party continue. US losing its reserve currency status would effectively rekt the shit out of them.
Now normally nobody would care, but the little big problem is that the US has nukes.
And it's highly likely that they'd pefer causing WW3 than losing the reserve currencty status that allows their level of life.
Correct me if I'm mistaken.
>>
Jokes on them. We get Harriet Tubman.
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>>71755993
The Federal Kike reserve is fucked and can't keep printing its worthless Jew paper if everyone goes back to the gold standard.

But if US goes to war with China, we Fallout now.
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>>71748652
Will it be redeemable in specie? If not, "gold backed money" means nothing.
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>>71755993
>the usd has no intrinsic value cos it's not backed by a metal that has no intrinsic value

hurr durr

retard. kill yourself. the usd is backed by the largest and most productive economy in the world, get your shit together and learn something, stop spouting lolbertarian memes
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>>71755993
dollars aren't made out of paper you dumb monkey

cortez should have finished the fucking job
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>>71756109
Worthless?

when was the last time somebody didn't accept your tendered fiat currency?
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>Bought a bunch of silver back in January
>Have a few ounces of gold
>Silver prices start surging
>Gold will soon follow

Im ready
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>>71755993
US will try to fight a war with Russia. A war always helps a country out of an economic crisis.
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>>71755999

KEK I give thanks for these blessed trips. >>71756109
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>>71755993

This won't take out the US reserve currency Status yet. And they won't ever go to war if that happened. China has no natural resources and its status is built on very flimsy foundations. If China, Russia, Iran, Brazil and say Japan would do so then the US would transform into a nigger zoo overnight tho
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>China agrees to stop manipulating its currency and, slowly, will allow it to float on the market
>But make another currency to manipulate
Fucking hell, Chinks are way worse than Jew
>>
>>71756187
Don't forget about those battleships that will insist you keep using that smooth dull green paper
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>>71756187
And with every new dollar that gets created, the backing is that much weaker.
>>
Didn't Ghadafi try something similar to this, and isn't that what lead to his assassination?
>>
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>>71748652
NOOOOO THOSE DIRTY CHINKS WILL PAY FOR THIS

let me just call my media friends to run the largest smear campaign on china this world has ever seen hehe.
>>
>gold is inherently valuable
This is the absolute worst meme on this board full of bad memes.
>>
>>71748652
No wonder the Great Satan himself is trying to shut them down, desu.
http://business.financialpost.com/news/economy/chinas-debt-fueled-economy-eerily-echoes-u-s-on-brink-of-2008-crisis-george-soros-warns
>>
>>71755993
That isn't going to work out too well considering a lot of China's economic "growth" is sustained by trade with the US and US allies, China literally cannot afford to back their currency with gold right now, especially with how it constantly fluctuates, not to mention like i said once China does it, other countries will jump on the same bandwagon and fuck the global gold market up, China isn't going to back its currency with gold to pointlessly start an economic conflict with the country which literally made their economy bloom and currently still assists in economic growth/trade/jobs/business relations.

That is literally stupid, it would be like Russia trying to put nuclear ICBM's in Cuba again, it would start a pointless conflict between the two countries, one of which wouldn't fair as well because their currency isn't already back by most of the modern countries which make a damn in the global market.
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>>71756243
>Arguing semantics
They're made out of cotton, whoop de doo
How that changes the argument retard?
Also, Cortez never came even close to here, nigger.
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>>71748652
STOP IT!
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>>71755001
holy shit this post
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>>71751750
>>
>>71756510
They're not made out of cotton either you fruit picker
>>
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>>71751999
Long Live Sverige!
>>
>>71756466
>>71756579
>Chinkaboos
Disgusting
>>
>>71752861
>Essentially, all China is doing is making a competitive structure to set the price of gold each day.

And how much will that cost? The one thing I wonder is that the price that the 'market' (private parties) set for Gold is, by definition, going to be different than what 'China' sets for Gold. How do you think this plays out?
>>
>>71756421
Nigga how do you weaken the backing of a totally dominant economy and culture, a promissory 19 trillion of shit we've racked up in iou, and whose hegemony is enforced by the most powerful military in the world?
>>
>>71756488
It's not like everyone will just throw its USD reserves into the trash one day As I say they'd try o stock in Yuans and reduce USD reserves. Of cours the demand on the the Yuan will help stablize China's economy, that's likely what they're trying to do.
>>
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>>71756651
>>
>>71756651
What difference does it make? Why are you harping on this point? In the context of the discussion at hand, who gives a shit if its paper or cotton or nylon or polyester? Christ.
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>>71755993
Wow, you're one stupid fucking goy.
>>
>>71748652
> not using petro dollar
Prepare to be liberated
>>
>>71757019
>>71757039
>JIDF says something blatantly wrong
>gets called out
>oy vey scramble everyone!
>>
I heard China is trying to build nuclear weapons and oppressing their radicals muslims.

Time for some freedom AKs and democracy TOWs dropping into hand of moderate beheaders.
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>you will live to witness the fall of the dollar
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>>71748652
PLEASE BE TRUE
>>
>>71756783

Honestly, the only real result I see here is increased volatility in the gold market as a result of this happening.

It's not a "true gold" backed currency, no matter what the clickbait says. No large nation has enough gold to properly make one happen in the quantity needed for modern economics.
>>
>>71757257
>I heard China is trying to build nuclear weapons

read a fucking book, china has the worlds third nuclear arsenal
>>
>>71757392
That's what I would see too, as traders attempt to leverage between China's price and "the world price." But again, IDK there could be something more to this, but I wouldn't know.
>>
ITT: OP doesn't understand how finances work.
At least you tried, puerto rico.
>>
>>71757257
>>71757401
And also remember that China is best buds with Vlad "Tsar bomba on the White House" Putin
>>
>>71750028

You think their plan wasn't to crash everything?
>>
>>71751693
Are you retarded? Gold-backed just means a note is worth X gold at all times, not some fucked floating amount that will crash le economy XD.
>>
>>71757591
(You)
>>
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Hello, excuse me, I am your average run of the mill burger. how will this affect me?
>>
>>71757827
its just a meme. the jews are working for us this time so we have nothing to worry about
>>
>>71756457
citizens could take loans with no interest rates from their government, the jew didn't like it. Goyim had to stay under control, even if it means deaths of tens of thousand people.

It's actually crazy how Jews just think of other people as subhuman trash, chess figures, nothing more.
>>
>>71757401
Fourth. France is #3.
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>>71757827
more big mac choices coming soon
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>>71757981
Well that's a load off my mind.

Thank you, Greatest Ally.
>>
>>71755993
Thanks, simple enough
>>
test
>>
>>71751782
>proprietary money system
>freedom
nigel, its time
>>
>>71748652
>CHINA ISSUES GOLD-BACKED YUAN

>china
>a nation that has been purposefully lowering the value of its currency for decades to encourage exports
>adopting a deflationary gold standard

i can not even begin to describe how retarded you are

>globalresearch.ca
this is not a reliable source you massive faggot
>>
>>71748652
this doesn't change the fact that China's economy is 180% dependent upon the US economy. aka the people who buy all their shit, and unless we stadt using yuan in the states i dont see this going anywhere
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>>71756810
It'll come to an end at some point. The demographics of the US is bad and getting worse. We are all about to find out the tipping point of how many dindus etc it takes to fuck a country. Not even trump can make America great again, your going down and taking western civilisation with you.
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>>71748652

>globalresearch.ca

Bwhahaha. Whats next? RT? Go fuck yourself with Mao's fist.
>>
>>71759052
its not going anywhere because OP is a retard who gets his news from some obscure canadian website that twists facts when it isn't pulling them out of its own ass.

china is not adopting a gold standard. even if they did, all that would do is send them into rampant DEflation and kill their export based economy while every other nation finds a new source of cheap labor like mexico.

all china is doing is pegging the yuan to gold instead of the dollar so it appears like it will be harder for them to manipulate. this whole thing is just a move by china to further secure their position in the IMF's reserve currency basket. if anything its good for america since it means the fucking chinks won't be cutting the value of the yuan every year and fucking up american trade.
>>
>change U.s dollar to foreign currency acceptable for yuan
>change that currency for yuan
>???
>profit
>>
>>71759818
the yuan will still be convertible to US dollars

the chinks do too much trade with america to ever jeopardize that.
>>
So THATS why they were buying all the gold. Should have known.
>>
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>>71748652
No opinions about this or any Alex Jones type stuff, but living in Europe and not being a millennial, I know very well that money not backed up by physical precious metals is just token money with little value other than as an immediate consumer good. I can ask any friend or relative to check out their stack of foreign money left over from vacations or whatever and 90% is demonetized (Euro, New Franc etc) or severely damaged by other kinds of devaluations.

So I like to combine my investment and numismatic hobbies and I buy junk world silver coins at spot prices. Probably not even 5% of my investment portfolio, but I find it satisfying to keep around.

You USS hamburger guys, you should especially look into this, because junk silver at or below spot is easier to get there. Real beautiful coins with a lot of history.

This week I bought some stacks of silver coins from Napoleon's reign as well as silver nazi 2 marks with Hindenburg on the oblate, all at spot price.
>>
>>71748652
Regime change in

3

2

1
>>
>>71760629
>I know very well that money not backed up by physical precious metals is just token money with little value other than as an immediate consumer good. I can ask any friend or relative to check out their stack of foreign money left over from vacations or whatever and 90% is demonetized (Euro, New Franc etc) or severely damaged by other kinds of devaluations.
Oh yeah, and I forgot to mention; money in the bank is the same story. A lot of older people will tell you about the state just confiscating it straight up as they recently did in Greece and other second world countries. And that's why older people keeping money in their mattress is a well known image in popular culture.
>>
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YUAN BECOMES VALID RESERVE CURRENCY
GOYIM STOOOOOOOPPPP

http://www.bloomberg.com/news/articles/2015-11-30/imf-backs-yuan-in-reserve-currency-club-after-rejection-in-2010
>>
>>71760958
The money in the bank isn't even in the bank. It's just a number. Most of those dollars don't actually exist even as worthless paper.
>>
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>>71748652
>Goys don't think we store jew gold underground
>>
>He thinks some chinaman money is going to replace the dollar
>Trusting China
>Ever


Top kek, this thread is full of idiots buying out gold because some Alex Jones-tier website said that the Chinese don't want dollars anymore despite their entire economy being dependent on exports.
>>
My rough estimation is that it takes about 6 months for the CIA to take counter measures, let's see if South-Korea or Japan gets pushed into a war with China through a false flag attack.
>>
>>71755572
How do you know this?
>>
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https://www.youtube.com/watch?v=-URQrU_j9lk

so is it happening?
>>
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>>71755572
Capped
>>
Gold backed money will devslue other non-gold backed money
>>
>>71761771
>this retard thinks that the Americans would ever consider starting a war with China

They're too economically linked
>>
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>>71758066
Fuck yeah!

And this guy could press the button.
>>
>>71748652
>implying this is going to do anything

Plese explain to me how a 10 trillion dollar economy is going to be gold backed when all the gold in the world is 8 trillion?
>>
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>>71762778
>>71755572
>It's a synagogue
lmfao I'm dieing here anon
>>
>>71764614
For God's sake
It doesn't matter.
Obviously China will not completely back up the economy on gold.
What matters is if the shift in the USD demand will change enough to cause financial imbalance.
>>
>>71748652
>gold

lol
>>
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Ahh...
>tfw When USA crumbles by the might of China
Seeing those American tears fill up the streets will be a great sight. The only Americans have now is delusion.

Once the Eastern might shows it's power America's got take a seat in the back seat.

Long Live Eastern Asia!
>>
>>71748652
>globalresearch.ca
>>
>>71748652
What is China going to do with the double-digit unemployment when the US can't buy their products anymore?
>>
So where can I buy this new currency and how is the market doing
>>
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>>71765744
So typical of an American to be this delusional. Just be ready for the day when America crumbles in the might of China.

Long Live Eastern Asia!
>>
>>71748652
OVER NINETEEN TRILLION
>>
>>71765329
>>71766452

If East Asia is so great, why did you immigrate to Canada?
>>
So, let me get this straight, China is trying to crash this plane with no survivors? Is that what's going on?
>>
>>71763179
>They're too economically linked

Not for long.
>>
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>>71766693
it's a pretty big leap
>>
>>71748652
>not exchangeable
Yes it is retard, or else how are we paying for all the shit at Walmart?
>>
>>71766687
I came to Canada to take advantage of both sides. Have the best of both sides. Is that so hard to comprehend?
>>
This will fuck shit up
>>
>>71751230
>Saudi Arabia cannot do shit
You own a lot to Saudis, they were the ones who made USD actually backed by petrol.

They can easily make your dollars worth way more less, and make the world questioning the real value of it in a materialistic world.

And when a currency backed by gold around, USD wouldn't stay the best bet.
>>
>>71750864
>implying yuan backed by "gold" is any different than the USD backed by "the full faith and credit of the US government."
>>
>>71748652
>tfw this is true
>tfw Russia has been stockpiling gold for the last 20 years
>>
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This is the biggest economic news since the 2008 financial meltdown.
________________

OK EVERYBODY

8===D --::;;,,..
Here's the gist:
>2 years ago China "opens" its stock market but you don't get a real share, just an 'investment share' which pays a dividend IN YUAN
>3 months ago China creates its clone of the IMF, the AIIB or Asian Infrastructure Investment Bank.
>Signs up 57 nations including US "allies" such as Australia, the UK, and Germany.
>Will offer member states loans of Yuan, which the chinks print out of thin air. They do not borrow from a private central bank when they issue currency like almost all other nations (excepting Iran, Cuba, and North Korea) do.
>Launches new gold-backed Yuan standard, along with a new inter-bank settlement system (money wire) which is NOT COMPATIBLE with SWIFT, the current world standard, and they will not deal in US dollars on their wire
>shit is going to hit the fan

Ask away, I know all about this.

All the red on this map is now conquered territory of China.
>>
>>71769866
The USD is backed by the might and the power of the United States armed forces.

Just look at what happened to Saddam when he tried to escape from the petrodollar system.
>>
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>>71748652
>mfw china realizes there isnt enough gold in the entire world to back its currency with
>>
>>71750529


bad for the rothskikes aka the US

except this time they can't just walk in and fuck everything up like they did with libya
>>
>>71770324
We literally can not engage China.

Not until we get our basic electronics manufacturing infrastructure back up to speed. We can't produce a single modern weapons system without chink parts, this goes for desktop and laptop computers which are all (except a few Apples kek) made abroad now too.
>>
>>71769714

Here's the thing though. America can literally ignore their threats and do whatever the fuck they feel like because the Saudis can't follow through on their threats without fucking themselves in the head. Plus if it becomes a major issue the US can simply throw their weight behind Iran and refuse to sell their weapons and tech to Saudi as well as putting embargoes on them.

The Saudis are a bunch of pussies.
>>
>>71770711
>America can literally ignore their threats and do whatever the fuck they feel like because the Saudis can't follow through on their threats
They are all bark and no bite, they know they'd be finished inside twenty minutes if we suddenly withdrew our protection.

They've been treating Shia muslims like shit at the haaj for years, not a muzzie but I have studied their ways.
>>
>>71752907
Because USD is worthless, why would you trade gold for worthless pieces paper with tiny dindus on them.
>>
>>71770142

Question 1: howgay.ru?
>>
WWIII when bros?
>>
>>71750368
It always was. The USSR died because it got locked out of the most profitable ventures by the west. Why nuke when you can crush the economy?

The same will happen again.
>>
>>71770879
This is pretty sad, I've been watching this for years.

Did you know China intended to crash our economy twenty years ago?

Research Dr. David X. Li and connect the dots.

Copula function.
>>
>>71770659
>the US
We're just muscle to them anon.
>>
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I'm the low frequency high finance guy too in case any of you don't think I know what I'm talking about.

https://www.youtube.com/watch?v=F8ID1KJQxB8
>>
>>71771146
>Did you know China intended to crash our economy twenty years ago?

What was their motivation for wishing to do so? What made them change their mind? What prevented them from doing so?
>>
>>71770711
You do realize that there's two major powers in the world now and not only one?

See how Russia invented in Syria despite Syria is way more worthless than Saudi.

Second Saudi is doing a HUGE US a favor, and in return US being Saudi's dog in ME. It's a good situation for both...

Lastly today is in the first time in history an alliance can actually take down US, and destroy their economy.

Starting by the US' bonds Saudi has that are nothing compared to what US having, to the US that is hugely backed by petrol (if you think it's not important search of USD and petrol graphs,they go hand by hand, when one increase the other decrease). To Russia/China that have strong armies and weapon today. To the atmosphere of economy today and how open the world, that make rich people don't care for their country since they can go be rich anywhere in the world. And not to mention how unstabilized Europe will be in the near future (some think tanks expect a civil war soon...).
>>
>>71771489
>What prevented them from doing so?

Did you sleep through this week anon?
>>
>>71771526
>two major powers in the world now
No, there are way WAY more than that.
>>
>>71771570

China preemptive attack on Trump.
>>
>>71771856
Powers = Sides.
The east and the west.
>>
>>71750716
Them slopes got oil! To the planes, gents!

>tfw the Obamas are faggots.
>>
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>>71771987
China and the muslims have a lot to fear about Trump.

As do many others.

However, the Secret Service is 100% pro-Trump, I know this.
>>
Thread Theme:
https://www.youtube.com/watch?v=2KYYVrBX4v0
>>
>>71772031
Russia is both and neither though.

And Germany / the EU isn't "the West" in the same way the USA is.
>>
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>>71772345
>Russia is both and neither though.
Since the USSR times, they weren't requiring you be swallow their ideology to be one of them. Muslims country that were in the East's alliance is a proof of that. They are sides not based on the ideology.

>And Germany / the EU isn't "the West" in the same way the USA is.
Not really. The only thing that make Europe suck Russia's dick sometimes is oil. US suck Saudi's dick for the petrodollar system... they don't even need ME's oil anymore.

Germany itself is just a country that want to left alone and build a good society, it has more problems than to go on some war. But countries like UK/France still as war-lovers as US is.

The thing that I'm happy about is that the west is oppressing Muslims, so if there's a war between the world's power, Muslims will just opt out to their home countries. They don't even feel like a part of the country.
>>
The Central Banks are going to implode the world markets one of these days. Every week there are new announcements and policy measures trying to push currencies down and hang onto any kind of inflation they can get. The very recent rise in oil prices among record inventory is very suspicious. Higher energy prices happen to encourage inflation. Dots may soon be connected.
>>
>>71772853
>Muslims country that were in the East's alliance is a proof of that. They are sides not based on the ideology.

But is that always true? Anyway I don't accept your premise that we can simply divide civilization into east and west, in the modern political interchange. I tend to think in terms of commie and non-commie, and the varying spectrum that lies between (ie Europe slid into full commie mode once the wall fell, the EU president and top officials are "ex"-commies, etc).

>Germany itself is just a country that want to left alone and build a good society, it has more problems than to go on some war.

I think Germany is the ultimate nest of commies and they're interested in the Coudenhove-Kalergi plan.

I think we could all agree that when relations were good and stable between the west and muslims, say in the 80s and earlier, and we were all having a better time, and I wish we could go back to that. However I think that you have a whole generation of kids focused on ummah and they're really more interested in that than women or video games even. It's gonna be brutal.
>>
>>71770142
Japan still based as a motherfucker.
But is there anywhere else I can read up on this? Not that I believe it all. Just curious.
>>
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>>71773296
>Not that I believe it all.
Just search for relevant terms on google anon, I don't do proofs chickens. All this is just purely facts, I won't lie. I promise.

Just start on my first line google that shit, learn it for yourself, maybe you'll even see something that I missed.

But I doubt it, I've been studying this for two years. China's our fucking worst nightmare.

This is the Copula function. Google it too. Work it out if you can.
>>
>>71748652
I bet Canada is feeling really good about itself right now.
>>
>>71773458
>China's our fucking worst nightmare
Well if you're an American. I don't moving over to China and starting there.
>inb4 cuck
>inb4 leaf
It just means China got something right. Hell it might push other countries to try harder.
>>
>>71773759
>I don't MIND moving over to China...
>>
>>71773759
>It just means China got something right.
Actually I will agree. Somebody needed to come up with a real currency again, and China and Russia can stand up to the USA.

I am in favor of this move even though it's already cost me lots, LOTS, of money. It'll be good in the long run, because either WWIII and let's face it, we'll win even if we get a bit bruised, or we'll have to come up with our own, superior currency.

But we are entering a shaky time, also notice that everybody waited until spring to make their moves. The EU is forming a unified military now too, this isn't a coincidence.

Spring time is when wars are started.
>>
I hope the dollaroo crashes hard so I can buy cheap shit while I can afford it.
>>
>>71748652
Watch the US declare war immediately. The kikes do not like this.
>>
>>71773976
LOL Europe hahahahahahahahaha

Those cucks couldn't take a hill in the modern world. EU nations are pathetic, honestly I think Canada could beat them in warfare.... and we're pussified af.
>>
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>>71774052
First smart person in this thread.

Get one of those fucking 750 horsepower Chargers they are making now.

Yes 750 horsepower.
>>
>>71773243
>But is that always true?
I think it is. There's a funny things about USSR, that they translated socialism and communism in Arabic both to the same word (translation by USSR officials), and this confused Arab leaders when they read it... and the communist party got really angry about the translators making them responsible for Muslim countries not adopting communism...

But they sticked to them anyway. Also Arab countries still own 10s of billions of dollars to USSR that they never paid back to them...

Arab countries were back then the bride both US and USSR competing to get... now things changed...

>a whole generation of kids focused on ummah
There's no such thing as that. Most of kids today just want to build a good society while either the west or east keep pushing some leader they want on their throat. And this is really make us more mad and it may backfire (like it isn't doing already).

For me I just hope for a 3rd world war, the last world war gave us some independence, the next one may give us a full independence.
>>
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>>71774190
>LOL Europe hahahahahahahahaha
>Those cucks couldn't take a hill in the modern world. EU nations are pathetic, honestly I think Canada could beat them in warfare.... and we're pussified af.

I know, that's what makes it sort of funny.

A German official/cuck recently said that they could make Poland and Hungary do what they want "by force."

Poland and Hungary each has one of the few functioning militaries in Europe. It's maybe not great by our standards but Germany's down to like two of pic related for their armored division:
>>
>>71774494
Eastern Europe would wreck the EU. And if the EU threatened using nukes Russia would point theirs at them and say "m.a.d"
>>
>>71774425
>may backfire
Yes I knew it'd be impossible to talk frankly with a Muslim on this topic, but that's OK, I do understand.

Anyway:

>now things changed

We still have much of the Arab world's leadership in our pocket, or close to it, and you guys have a bad case of Big Man syndrome so that's brutal.
>>
>>71774716
The Eastern part of the EU doesn't have any desire to invade Germany and make them do what the (mostly) Slavs say.

On the other hand, as usual, it's the other way around.
>>
>>71774190
Give Germans 5 years and they'll turn all of the cucks into the most fearsome army in the world, provided the merchants don't interfere.
>>
No dollars for yuan so that they can keep devaluing against gold by hoarding gold. You need to obtain gold with dollars to get yuan.
>>
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>China backs currency with gold

>/pol/ backs their threads with Trump porn
>>
>>71774753
>Big Man syndrome
It's by force.

I have no problem with a leader with limitless powers, just I want it to be the leader I want.

Look at the world now, the leaders with limitless power backed by their people are the one crushing, look in the other side at Obama... a guy who his work is to entertain the crowd and write books for living.
>>
https://www.youtube.com/watch?v=RDrfE9I8_hs
>>
>>71748652
Fuuuuck. China has been buying Gold for cheap from the American people also
>>
>>71750637
Devalue under gold standart. 4/10 made me reply
>>
>>71760958
Not just Second world countries mate.
In Australia the government has a right to seize your superannuation if the need to ever arises.
>>
>>71751917
Them devaluing against gold is still devaluing. Not hoarding US debt o ly obfusticates their gambit
>>
>>71775051
>I have no problem with a leader with limitless powers, just I want it to be the leader I want.

Yeah I know, and this is why most Muslims can't be part of the West.

I'm fine with us retaining our geographically separate areas, and having friendly interchange, but your concept of ummah, and I suppose from your perspective, our evangelical Christianity, preclude this in the long run.

It's too darn bad but as they say, it is what it is.
>>
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>>71774868
But a fearsome army and liberal egalitarian ideals don't mix. Why do you think the Americans are such poor combatants now? In their based right wing days they were fearsome, now they get cucked by fucking shitskins in Iran. Beefing up military requires right wing pro nationalist ideals, which is what the jews fear, because this inevitably leads to them being mass murdered for subverting and unfairly hoarding wealth of nations.
>>
>>71752907
If the Chinese allowed this sort of foreign investment, then the Yuan would rise so as to make exports expensive and Chinese people would start to be able to afford imported goods. This would crash state owned factories and creat a middle class that would destabilize China politically
>>
>>71775350
I assure you, your fear isn't justifiable. We just want to live following our God's guide in our land.

In the end you can't fight an idea, specially one that isn't driving by materialism, socialism is an example, socialists lost, but socialism won.

It's the same for Islam, some day you will be more busy to keep monitoring us. And we will do what we wanted always.
>>
>>71758066
Nukes are nothing if you surrender immediatly
>>
>>71765744
They'll be printing Yuan to buy gold to make sure yuan is devalued relative to the dollar and other currencies. They think they can avoid outrage and tarriffs if they don't directly own other countries debt." Oh it is nothing against your country in particular, it is gold we are hoarding"
>>
>>71770686

>We can't produce a single modern weapons system without chink parts,

wrong, off the shelf computers often use parts made in south korea, japan and vietnam. Most aircraft are subject to Buy American rules, and get their parts from chip fabs in the US (re: Texas Instruments and Raytheon)

yes America can dump china at any time without any economic problems, as china's role in the economy is being a toilet for mcdonalds toys. All the important stuff comes from the countries around them since they are cheaper than china proper now
>>
>Zerohedge
>Globalresearch.ca

It's fucking nothing.
>>
>>71775091
I have to have my china because china
Thread replies: 235
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