Tuesday, March 18, 2014

China Buying World's Entire New Gold Supply - Mike Maloney






Chinese aren't stupid, ... they're going to have their CASH in a mix of SGD's, CHF's USD, ... EUROS...China isn't going to announce shit about its gold holdings so long as the flow of gold into the country continues to accelerate at steady or declining prices. When the amount of gold getting imported slows noticeably it will likely be due to supply shortages and not a lack of demand from the Chinese. That will be a time to watch closely.

1 comment:

  1. the BREN is the one to keep BREN 25 silver..new global currency now in action..BACK up by petrol gas, gold, silver mythology, history, reason and the origins of western civilization.

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