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-   -   Why is China Buying Industrial Metals -> 'COPPER STANDARD'? (http://projectavalon.net/forum/showthread.php?t=13298)

peaceandlove 04-18-2009 06:53 PM

Why is China Buying Industrial Metals -> 'COPPER STANDARD'?
 
A 'Copper Standard' for the world's currency system?

Hard money enthusiasts have long watched for signs that China is switching its foreign reserves from US Treasury bonds into gold bullion. They may have been eyeing the wrong metal.

By Ambrose Evans-Pritchard
16 Apr 2009

China's State Reserves Bureau (SRB) has instead been buying copper and other industrial metals over recent months on a scale that appears to go beyond the usual rebuilding of stocks for commercial reasons.

Article continues: http://www.telegraph.co.uk/finance/c...cy-system.html



Mike at FeverIAm comments on this starting at 8:12 of this video blog.

Don't Panic! Deflation? Don't believe a word of it!

April 16, 2009

Video (10:07): http://www.youtube.com/watch?v=_V8ZU...e=channel_page


WOW, this is interesting as I reviewed this post under Economy and Currency (verifying links are working and spelling) I noticed this is the 888th Topic and there has been a total of 8118 views of the Economy and Currency thread. Into numbers :winksmiley02:...just thought this was maybe synchronistic in some way.

Machinamentum 04-18-2009 07:59 PM

Re: Why is China Buying Industrial Metals -> 'COPPER STANDARD'?
 
I'm wondering why people are so attracted to metals and gems. Why do we give them value? Not only that why do we give green paper value? I can't see currency being used for much longer. But as long as people are greedy and are tying to be better than others money will exist.

THE eXchanger 04-18-2009 08:08 PM

Re: Why is China Buying Industrial Metals -> 'COPPER STANDARD'?
 
you would be amased at the type of flower essences etc.,
that, can be cured on gemstones

there is real power in stones

also, there are some pretty amasing facets/or angles you can cut into them

there are kingdoms of beings, that live within the mineral worlds

although, most do NOT have the eyes to see them

nor, would likely believe, they are there

if you want to increase your brain synapes, utilise a product
with gold/silver/copper - like left brain, right brain at www.rgarden.net/workingwonders - it's quite amasing

anyway...maybe the reason so many chinese are so smart
is cause they add copper to the water, instead of flouride ?

i know a combo; of the gold/silver/and, copper really awakens you.

Machinamentum 04-18-2009 08:32 PM

Re: Why is China Buying Industrial Metals -> 'COPPER STANDARD'?
 
Look I'm a fan of Molecula Silver.
I prefer gold plated connectors on the wires in my studio.
Copper in the mouth helps get past the breath detectors when ya get pulled over.

So I think that the metals have way too much value.

Ya can't eat it. ( food )
It doesn't live.

Most people don't even care about the actual properties of the stones and metals. They just want it because other people do.

Granted, I much rather have silver than gold, much rather have gold than dollars. But its still a majority thing. What ever the majority is led to believe what the majority wants is what is valuable.

They only reason currency has value is because people accept it as value.

Is all the greed, pain, suffering, separation, starvation worth it?


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