Sell gold for real money? What real money? Most all of it isn't worth the paper its printed on. Gold never changes and doesn't tarnish. Gold reserves are not tied to the dollar any more (Thanks tricky Dick!), but the reserves are an indicator of national financial health and well being. America is bankrupt, has maxed out its credit cards, but we are saved from a war with China as we owe them so much money and the balance of trade is so one sided thanks to our politicians that allow China to remain a "developing country, favored trade partner" for import duties.

America the "arsenal of freedom" hardly produces anything anymore due to our lax import taxation. The import tax's are on the books, but the US government ignores the laws. Years ago when I was doing some importing from Thailand, I read the US import laws. The US import laws state that if a country has an import tax on an American product, products from that country imported into the US will be taxed at that same rate. Try the import tax's for America products in Cambo, Thailand, China, etc. (anywhere from 35% to 110%) With NAFTA and our lax import tax's, America's jobs went overseas and to Mexico. In America, you can ether be an attorney (one for every 365 Americans) or do work at McDs or the like.

Also The IMO/ISM (International Safety Management) UN treaty says that a none member countries ships may be banned from a member country. Lots of flags of convenience (China, Panama, Liberia, etc) sailing into America and paying their crews nothing so that the America Merchant Marine is dead (same with England, OZ and others.) Yes, America is in decline (Read: Rise and fall of the Roman Empire.) RIP.

They have produced the internet- that is something economically noteworthy and transformative.

Whether google and Facebook fit your industrial economic mindset or not, it still appears that USA is the dominant power today.

More Dragon bait: More bankster' shenanigans coming I suspect.

Oil Derivatives Explode in Early 2015-Rob Kirby

Gold and derivatives expert Rob Kirby thinks crashing oil prices are going to lead to a 2008 style financial meltdown. This is not a maybe–a market explosion is going to happen in 2015. Kirby contends, “Oh yes, without a doubt, it will. It must because the income crude oil sales generate are used to pay the interest on the debt. . . . If you have a mortgage payment of $5,000 at the end of the month and you only have $2,500, you have defaulted. That is the position they are in right now. We just need to wait for some coupon dates to come and go because these guys won’t have the money. They don’t have the income.”

Link:
http://usawatchdog.com/oil-derivatives- ... rob-kirby/