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<p>[QUOTE=&quot;JoeSmith, post: 575968, member: 18021&quot;]Here&#039;s a link to a story from this morning</p><p>http://www.marketwatch.com/news/story/gold-rises-china-reserves-copper/story.aspx?guid={5AACC0F9-77C9-413D-963B-0241BA6ED0E3}&amp;dist=news</p><p><br /></p><p>According to the story, China is the worlds largest producer of gold.&nbsp; They don&#039;t allow gold ingots to leave China.</p><p><br /></p><p>Think about it.&nbsp; Suppose you&#039;re China.&nbsp; You have 2 trillion dollars of our money.&nbsp; They know our dollars have no value, so they&#039;re buying stuff that does have value.&nbsp; Same thing I&#039;m doing.</p><p><br /></p><p>Some people think China wants our economy to do well, because they sell stuff to us.&nbsp; It doesn&#039;t do them any good to sell us stuff if the dollars we give them are worthless.&nbsp; They could just make stuff and dump it in the ocean.&nbsp; The more we print money, the less China&#039;s 2 trillion is worth.</p><p><br /></p><p>Gold will be over $1000 by June 1, 2009.[/QUOTE]</p><p><br /></p>

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