Any opinions on this?

I bet the chinese are sorry they sold all their panda's.

 

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Nice thread.

I think its nice that gold doesn't have much industrial value. It enables it to be what its always been, pure money. Our economy is sinking, and we're printing trillions of dollars, which are basically being stolen. This is all our wealth thats being stolen, except for our gold (and guns, and other commodies). The only thing really keeping us afloat is the Chinese and the fact that all currencies are fiat, so ours doesn't look so bad in comparison.

You just have to ask yourself, is our country moving toward the establishment of a sound dollar? Or is it moving away from a sound dollar? The price of gold is just the inverse of the value of our fiat money.

China is doing what they can to keep the dollar afloat, but they're taking steps to make their own currency more sound. They're buying our gold with our dollars, and why not? I'm not selling mine.