07-22-2005, 03:43 PM
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Join Date: Oct 2004
Posts: 1,685
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BREAKING NEWS: Chinese Government Revalues the Yuan
Just got this in an email today.
Quote:
This just out about China breaking away from the US Dollar as the Global Benchmark Currency. This is a major move by this awaking giant (Red Dragon) the ramifications on the US Dollar are far reaching and other economies will follow. Do your research! Convert your wealth out of US Dollars as the slide is eminent!
Here is a news report from a FOREX (Foreign Exchange) training center:
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BREAKING NEWS: Chinese Government Revalues the Yuan
In a move that has enormous global implications, the Chinese government today revalued the Yuan stepping away from a policy that linked its currency to the U.S. dollar. The Chinese government is adopting a more flexible system based on a basket of foreign currencies.
The news was delivered in a state television news statement by the People’s Bank of China just after 7 a.m. (EDT) today 21 July 2005.
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07-22-2005, 03:46 PM
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Join Date: Oct 2004
Location: South Carolina
Posts: 1,511
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__________________
When a statute, code, or court holding changes tomorrow, does reality change? Does truth change? Does right and wrong change?
If so, there are no absolutes, and the only logical conclusion is that reality, truth, and right and wrong are determined arbitrarily on a daily basis by those with the most power, guns, and money, and the rest of us can choose to run, fight, or be their slaves.
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07-23-2005, 09:42 AM
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Join Date: Oct 2004
Location: Texas
Posts: 2,837
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This is interesting on so many levels!
Not only have we been telling folks that the fall will come but, in the link provided by SJ--notice how they talk about gold.
Also what makes this situation interesting is that Judge Roy Bean and Bill Smith are not here defending the money argument. These 2 "members" are always talking about fiat money and bringing that argument to court will get your case thrown out.
Well gentlemen, the world has something to say about it as well. Now let's see a district court throw out a country that is threatening this fragile system. Easy to pick on the little guy--now pick on the far east countries.
__________________
"FOR AS HE THINKETH IN HIS HEART, SO IS HE."
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07-23-2005, 11:58 AM
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Practice Makes Perfect
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Join Date: Oct 2004
Location: Virginia
Posts: 491
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Yeah, especially one of the ones with 1 billion people.
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07-23-2005, 08:25 PM
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Join Date: Oct 2004
Location: Illinois(chi-town)
Posts: 5,076
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Quote:
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Originally Posted by Jerseee
This is interesting on so many levels!
Not only have we been telling folks that the fall will come but, in the link provided by SJ--notice how they talk about gold.
Also what makes this situation interesting is that Judge Roy Bean and Bill Smith are not here defending the money argument. These 2 "members" are always talking about fiat money and bringing that argument to court will get your case thrown out.
Well gentlemen, the world has something to say about it as well. Now let's see a district court throw out a country that is threatening this fragile system. Easy to pick on the little guy--now pick on the far east countries.
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Absolutely right on the money Jerseee. Let us wait, and see what happen.
__________________
Resolution pending
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07-24-2005, 03:09 AM
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Practice Makes Perfect
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Join Date: Feb 2005
Location: Republic of Virginia
Posts: 261
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Well said Jersee
Hey!
Havn't been in for a while. Been Brousing the blog. There will always be snakes in the grass.
Not that I dislike snakes. History in some sectors tells us the snake is a symbol of wisdom and knowledge.
On the part of Mr. Smith a the Bean. It is a symbol of the matix of conformity, don't rock the boat. Let it be. Be consumed.
They will scream when it is asked of them from whom they believe they are connected with. "It is your turn!"
__________________
"... it is their [your] right, it is their [your] duty ... to provide new guards for their [your] future security. ... and such is now the necessity which constrains them [you] to alter their [your] former systems of government."
One man with the Law is a majority.
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07-24-2005, 03:12 AM
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Practice Makes Perfect
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Join Date: Feb 2005
Location: Republic of Virginia
Posts: 261
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Yes Sui Juris
More info:
http://www.kitco.com/weekly/paulvaneeden/jul222005.html
There is only relative truth here. The absolute can never be in physical reality, where the law of gravity pulls upon the flesh and the mind!
__________________
"... it is their [your] right, it is their [your] duty ... to provide new guards for their [your] future security. ... and such is now the necessity which constrains them [you] to alter their [your] former systems of government."
One man with the Law is a majority.
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