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Parent Post: China Said The Quiet Part Out Loud.
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In Reply To
rick
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4/7/2026, 9:43:55 PM
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"No, this is what you had said earlier:" You ask me a question, I answer now you are telling me that somehow I had previously answered the question? Maybe I'll go back through and look sometime because I don't remember. "Why should I not reject their 'audit'?" This horse is getting Rigor mortis, you can't tenderize it by beating on it anymore. You have every right to reject their audit but I don't think that they will be the only ones doing the auditing. "Some might try to (those ignorant with history of gold standard), but whether it is started or not: It will fail due to the lack of audit just like before." I disagree. I think if it fails it will be because they they do something like fractional reserves. I guess you could say they might be related somehow.
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hyokkim
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4/8/2026, 6:36:56 AM
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"No, this is what you had said earlier:" - Hyok Kim ''You ask me a question, I answer now you are telling me that somehow I had previously answered the question? Maybe I'll go back through and look sometime because I don't remember.'' - Rick Dude, why are you talking like Hillary? ''Accept China is a weird way to put it. It's all encompassing so definitely not.'' - Rick I was referencing based on what you had said earlier: ''No, this is what you had said earlier:'' - Hyok Kim ''It's the Silk Road. I think I have described what the system is going to be like to the best of my understanding. I did post about the auditing of Shanghai Gold Exchange earlier in this thread. You probably will reject it because it is Chinese.'' - Rick I clearly meant when you were referring to Chinese 'audit' of gold reserves when I asked you about 'accepting' the Chinese 'audit' of their gold reserves. "Why should I not reject their 'audit'?" - Hyok Kim ''This horse is getting Rigor mortis, you can't tenderize it by beating on it anymore. You have every right to reject their audit but I don't think that they will be the only ones doing the auditing.'' - Rick Ok, so who else is going to be the 'audit' of the Chinese gold reserves? ''Some might try to (those ignorant with history of gold standard), but whether it is started or not: It will fail due to the lack of audit just like before." - Hyok Kim ''I disagree. I think if it fails it will be because they they do something like fractional reserves.'' - Rick How could 'they' engage in fractional reserve while under gold standard? ''I guess you could say they might be related somehow.'' - Rick ......like how?
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