5 China Bombshells: Taken from a newsletter " The Silver Report"

1. China announced their central bank increased gold holdings from 400 tonnes to over 1000 tonnes.
2. China announced they might stop exporting all "rare earths". China produces 95% of the world's supply of rare earth metals, which are used in all sorts of high tech products, especially hand held electronics.
3. China announced that they wanted their people to buy silver, because it's cheap.
http://www.youtube.com/watch?v=PqFpl31UwPI
4. China announced that their "state owned" companies may not have to pay out on derivatives losses.
5. Hong Kong announced they built a "state owned" gold vault, and that they will be taking physical delivery of their London Gold by December, 2009.

In other news, there will be a freedom march on Washington September 12th.
http://912dc.org/

A good review of what this freedom march stands for is a review of suggested signs:
http://912dc.org/2009/09/sign-suggestions/
 You can’t spend your way out of debt.
 Yes we can – stop the bailouts!
 Money doesn’t grow on trees, some of us work for it.
 Bailouts + Debt = fiscal child abuse
 Stop Spending, Start Cutting
 We Want Less
 Why don’t you cut my taxes instead?
 Promote responsibility, no more bailouts!
 Let the markets work.
 Stop rewarding failure.
 Save the children – stop spending their money.
 Stop Cap and Tax
 Who will bail out the government?
 I will not pay for someone else’s house.
 I don’t want your debt.
 Stop punishing success.
 You can’t multiply wealth by dividing it.
 Redistribution just means less for everyone.
 Your pork broke my piggy bank.
 We the people want our money back.
 Freedom – a stimulus we can afford.
 Let the failures fail.
 From each according to the IRS --to Pelosi, Reid, and ACORN
 Free markets, not free loaders
 Don’t mortgage our future
 Read the bills before you sign
 The more you tax, the madder we get
 Dead people may vote, but they don’t pay taxes
 We’ll all be sick when health care is free
 ObamaCare makes me sick
 Socialism: trickle up poverty
 Taxation cures incentive
 Government is the problem, not the solution
 Our wallets are not “shovel ready”
 If you’re not mad, you don’t pay taxes
 The best social program is a job
 Give me liberty not debt
Next news item:

Sincerely,
Jason Hommel

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