Sunday, August 9, 2015

China’s Secret Gold Hoarding Strategy

Finally, someone understands that bullion banks acting as agents of central banks are not the only entities suppressing the price of gold.  So are the Chinese--but for entirely different and often divergent reasons.

Western central planners want to maintain USDollar hegemony at all costs--even if it means going to war with anti-dollar dictators.

The Chinese want lower gold prices because they are still in accumulation mode.  The outcome will be disastrous for the dollar and purchasing power of Americans.

https://www.moneymetals.com/news/2015/08/06/china-gold-hoarding-000747

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