Thailand calls on Asia-Pacific region to dump USD as reserve currency, adopt Yuan.

Quote from adadadog:

I do not recall the source, but I remember reading U.S. government does not own a single once of gold. The gold at Fort Knox belongs to FED. There was one female secreatary to one of the big IB president reveal to the press a few decades ago on how the bankers took possession of U.S. gold. She was found falling to death from her office in a skyscraper the second day. At the highest level of U.S. ruling class, it is very insidious, corrupt, and scary.


http://www.fms.treas.gov/gold/current.html

by the way, there are 32,000 ounces in a ton.
 
Quote from adadadog:

I do not recall the source, but I remember reading U.S. government does not own a single once of gold. The gold at Fort Knox belongs to FED. There was one female secreatary to one of the big IB president reveal to the press a few decades ago on how the bankers took possession of U.S. gold. She was found falling to death from her office in a skyscraper the second day. At the highest level of U.S. ruling class, it is very insidious, corrupt, and scary.
The United States Bullion Depository commonly called Fort Knox, is a fortified vault building located adjacent to Fort Knox, Kentucky, which is used to store a large portion of United States official gold reserves and, occasionally, other precious items belonging or entrusted to the federal government.
The United States Bullion Depository holds about 4,603 tons (4,176 metric tonnes) of gold bullion (147.4 million troy ounces[1]). It is second in the United States only to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds about 5,000 metric tonnes of gold in trust for many foreign nations, central banks and official international organizations...

http://en.wikipedia.org/wiki/United_States_Bullion_Depository
 
Quote from andy9775:

The United States Bullion Depository commonly called Fort Knox, is a fortified vault building located adjacent to Fort Knox, Kentucky, which is used to store a large portion of United States official gold reserves and, occasionally, other precious items belonging or entrusted to the federal government.
The United States Bullion Depository holds about 4,603 tons (4,176 metric tonnes) of gold bullion (147.4 million troy ounces[1]). It is second in the United States only to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds about 5,000 metric tonnes of gold in trust for many foreign nations, central banks and official international organizations...

http://en.wikipedia.org/wiki/United_States_Bullion_Depository

Looks like I am wrong. :D
 
Quote from adadadog:

U.S. president, sec of state, and sec of def acted like amateurs, tookt an Asia tour and tried to drive a wedge between China and its Asian neighbor. But U.S. had almost nothing to offer except empty promises and non-diplomatic bad-mouthing of China; and those Asian neighbors all have China their biggest trading partner without exception. U.S. needs to do better than that to be relevant in Asia.

what outside source, news story, or video clip showing your claims do you have?

would like to see these, and where those conclusions were drawn from, because other than being on that delegation and knowing those claims, then

where would you get that / those statements / conclusions from?
 
Quote from MohdSalleh:

He added, however, that for the Chinese yuan to have a greater role in transactions in the region, China would have to relax its tight controls on the currency and its capital account.

This is the main reason behind the prime minister's statement. He wants China to relax currency controls and offers using renminby in currency reserves as a bait.

Currently, China prohibits taking renminby out of the country and bank accounts in renminby cannot be opened outside China (except they have been allowed in Hong-Kong since this summer).

Naturally, to people involved in trade with china ability to hold renminby would be a great benefit. Renminby notes already circulate in Thailand without China's approval.
 
Quote from limitdown:

what outside source, news story, or video clip showing your claims do you have?

would like to see these, and where those conclusions were drawn from, because other than being on that delegation and knowing those claims, then

where would you get that / those statements / conclusions from?

We are the product of our environment; our views are the direct results of what we see, read, and be told. You will not learn if you get your info from U.S. media only. Best suggestion I have is to read from sources where they have neutral standing on the issues, such as Singaporean media, in addition to U.S./Western media.
 
Quote from adadadog:

We are the product of our environment; our views are the direct results of what we see, read, and be told. You will not learn if you get your info from U.S. media only. Best suggestion I have is to read from sources where they have neutral standing on the issues, such as Singaporean media, in addition to U.S./Western media.

and posts to those sources you used to draw those conclusions?

so that we can read same and perhaps either agree with your conclusions or otherwise?

----

so, those posts would be?, where again?, in specific, not generic or generalized.....

specific articles from abroad, or whatever
 
Quote from limitdown:

and posts to those sources you used to draw those conclusions?

so that we can read same and perhaps either agree with your conclusions or otherwise?

----

so, those posts would be?, where again?, in specific, not generic or generalized.....

specific articles from abroad, or whatever

I ahve been tracking the U.S.-China matching for a few months. What I said in the original posting was the conclusion I draw from that experience. It takes effort to list them, which I do not want to do it. Be your own judge and decide what to believe.
 
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