Gold Prices Plunge Right On Cue As China Golden Week Begins

https://www.zerohedge.com/commodities/gold-prices-plunge-right-cue-china-golden-week-begins

Legend Connected In China At The Highest Levels Says Gold Will Spike To $2,200

https://kingworldnews.com/legend-connected-in-china-at-the-highest-levels-says-the-price-of-gold-will-spike-to-2200/

US paper gold suppression allowing Russia & China to buy real gold at discount prices

What used to be referred to as conspiracy theory is now pretty well-known in the precious metals investment community:  western bullion banks suppress the prices of gold and silver by shorting COMEX futures contracts, inducing panic selling among buyers who are long the contracts.  Gold bugs insist the bullion banks are acting as agents for central banks--mainly the Fed, in an attempt to artificially prop up the dollar even as the greenback is being systematically debased by a profligate printing press, in order to fund huge U.S. government budget deficits.

But I've also posited that western bullion banks have accomplices--Asian central banks, specifically China and Russia.  While their motives for suppressing gold prices are different, their desired short-term outcomes are identical:  capping prices of the precious metals.

Recall I mentioned their respective motives are different.  The Fed attempts to mask dollar weakness by suppressing gold prices.  Asian financial authorities also want lower gold prices--but for a different reason:  they are accumulating gold, so they naturally desire lower prices.

The net effect is the transfer of gold (i.e. wealth) from western central bank vaults (leveraged shorting, i.e. selling of paper gold assets) to Asian central bank vaults and retail buyers in Asia, in the form of physical bullion.

The long-term impact?  The bankrupting of western central banks.

https://www.rt.com/business/429573-us-china-russia-physical-gold/

Multi-Billionaire Hugo Salinas Price Just Predicted China Is Very Close To Petro-Yuan-Gold Launch

https://kingworldnews.com/multi-billionaire-hugo-salinas-price-just-predicted-china-is-very-close-to-petro-yuan-gold-launch/

US Gold Reserves, Of Immense Interest to Russia and China

https://www.bullionstar.com/blogs/ronan-manly/us-gold-reserves-immense-interest-russia-china/

Russia, China and BRICS: A New Gold Trading Network

I've said from day 1:  get physical gold, not paper (electronic, virtual) gold.

https://www.bullionstar.com/blogs/ronan-manly/russia-china-new-gold-trading-network/

China Launches Yuan-Ruble Payment System

More evidence signalling the end of the petrodollar.

http://www.zerohedge.com/news/2017-10-12/china-launches-yuan-ruble-payment-system

US War With China Heats Up As China Readies To Launch A Gold-Backed Monetary System

http://kingworldnews.com/us-war-with-china-heats-up-as-china-readies-move-to-launch-a-gold-centric-monetary-system/

This Is Exactly How China Plans To Send The Price Of Gold Skyrocketing

http://kingworldnews.com/this-is-exactly-how-china-plans-to-send-the-price-of-gold-skyrocketing/

Washington Plans to Nuke Russia and China

http://www.paulcraigroberts.org/2017/04/27/washington-plans-nuke-russia-china/

John Hathaway – China To Radically Reprice Gold Higher In 2017 As Demise Of The COMEX & LBMA Accelerates

http://kingworldnews.com/john-hathaway-china-to-radically-reprice-gold-higher-in-2017-as-demise-of-the-comex-lbma-accelerates/

John Hathaway – China Is Preparing To Radically Reprice Gold Higher As Demise Of The COMEX & LBMA Accelerates

Hathaway has again provided brilliant analysis of the physical gold market vs. the synthetic, paper trades.

http://kingworldnews.com/john-hathaway-china-preparing-to-radically-reprice-gold-higher/

Here Is One Very Simple Reason For Why Gold And Silver Were Massacred This Week… And Why Prices Will Rise Soon

http://www.shtfplan.com/headline-news/here-is-one-very-simple-reason-for-why-gold-and-silver-were-massacred-this-week-and-why-they-will-rise-soon_10072016

China Now Dumping Unprecedented Amounts Of U.S. Treasuries

http://www.zerohedge.com/news/2016-09-19/panic-gasoline-buying-southeast-leads-massive-car-lines-gas-shortages-price-gouging

Surprise Shocker And China’s Latest Move Will Create An Upside Explosion In The Price Of Gold

http://kingworldnews.com/this-surprise-shocker-and-chinas-latest-move-may-create-an-upside-explosion-in-the-price-of-gold/

China's Monetary Ascension Is Paved With Gold

http://www.zerohedge.com/news/2016-09-02/chinas-monetary-ascension-paved-gold

Legend Says Forget The Pullback – Gold Is Headed To $1,600 And Here Is The Big Surprise From China!

http://kingworldnews.com/legend-says-fade-the-pullback-gold-is-headed-to-1600-but-here-is-the-big-surprise/

"China Yuan Gold Fix Is Part Of A Planned Shift From Dollar": China's Bocom

http://www.zerohedge.com/news/2016-04-20/china-yuan-gold-fix-part-planned-shift-dollar-chinas-bocom

China Launches Yuan Gold Fix To "Exert More Control Over Price Of Gold"

The train has left the station.  Gold and silver prices are soaring, probably due to the launching of the Shanghai Gold Exchange.

http://www.zerohedge.com/news/2016-04-19/china-launches-yuan-gold-fix-exert-more-control-over-price-gold

Legend Warns About China’s Shocking Crisis And Going Cashless As World Economies Crumble

http://kingworldnews.com/legend-warns-about-chinas-shocking-crisis-and-going-cashless-as-world-economies-crumble/