For the First time since 2009, China has given information about its physical gold supply ..... only 604 tons purchased officially in 6 years ....
RIDICULOUS !!!!
China has been the main buyer of physical gold in the world during this period ..... China should hold at least 2 times more
Why this big lie ???
China wants a major position in the IMF by the end of this year and still hold a massive amount of USD .... THe USD value is closely related with the gold value, one up, the other down.
For the Gold market, we think it means STAGNATION ........
China will continue to be a major actor on the physical gold market ..... But the manipulation is now two times more important. Manipulation by physical gold and paper gold / MAnipulation by lie on the supply available ...... (including western central banks)
We think governments want probably to control all the major tangibles assets before the BIG ONE, the collapse of the Fractional Réserve Banking systèm.
THEREFORE, TANGIBLE ASSETS WILL BECOME MORE AND MORE SCARCE and digital currencies Will become common......
Why are we the single specie on the planet who need money to survive ??? : because we produce !!!!! Crédits back upcoming productions ....... and this Economy based on massive productions is destroying the Earth.
In an economy based on innovation and creativity instead of massive productions, "Diamonds money " as a scarce collateral have a bright future
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