Possible GOLD scenario - see comments
(www.zerohedge.com)
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Based on the linked article, there are some major Chinese players in the gold market that are now only listing on the Shanghai gold exchange, which is pricing gold notably higher than NY/London's paper market.
So here's my quick take.
If you can buy gold in London/NY at a lower price, then sell it at a higher price on the Shanghai exchange, you stand to make a lot of money. However, you would have to do so with physical gold - not paper certificates.
So, people who buy from NY/London will start asking for their gold certificates to be redeemed for physical, so that they can go sell it for a profit on the Chinese market.
At which point, the whole paper market crumbles to dust since they cannot redeem all those paper certificates for real gold, thus the corrupt market is exposed.
GOLD will destroy the Fed.
It's a possible scenario, but I'm open to comments/corrections on my assumptions.
Bingo
Very nice.
If they allowed that scenario to play out China would end up holding a vast percentage of the world's physical gold supply. I don't think they can allow that to happen. To be honest we should be doing the same in the US.
No, it wouldn't get that far because there is no gold in the LBMA for people to take out and sell to the Chinese - do you see?
I can see that is definitely a possibility, and hope it is a fact. The opposite would not be a good outcome.
China and other BRICS nation have been collecting a lot of good in preparation for de dollarization.
From what I understand, Trump got back American Gold already.
The entire world well be free, all that if needed is to remove the deep state in each country.
That and completely remove the central banks from all countries. I have thought for a long while now we are headed back to a gold backed dollar, and the US printing and controlling their own money supply will put this nation back on the track to economic health.
Its also important to remember that the Gold standard itself was a Cabal invention. Before that most countries used silver for currency primarily. Silver is easy to coinage for people to use in daily use denominations, whereas Gold is more useful for nations to settle accounts with each other due to its higher value.
Ultimately, its not going to be just gold standard, but currency backed by resources of different kind.
650 plane loads!
There are two markets: the fed siloed speculator market based on paper, and the physical delivery market as of 1-1-23.
Gold has been given officially a first Tier asset class designation.
For.more info on the comings and goings, listen to Andrew Macguire over on the Kinesis channel on Rumble.com.
thanks