Wednesday, January 12, 2011

World Economics: Money = Power, Whitewater = Power, Whitewater = Money

From Far East Gold

http://news.coinupdate.com/far-east-physical-gold-and-silver-demand-is-super-strong-0622/

"China has three motives for purchasing physical silver.

First, it would be an excellent way to unload some of that country’s hoard of US Treasury and other debt (especially Fannie Mae and Freddie Mac).

Second, China may be trying to accumulate a huge hoard of precious metals to possibly use them to back the renminbi yuan currency in the future, a step that would push China’s currency to world prominence.

Third, China has growing needs for all commodities for industrial fabrication purposes, including silver"


Therefore: Whitewater = Gold

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