What do they know?Why is China stacking so much gold?
>>61452466they staking a lot of silver too
Fear China is building a moat against the war by oil money, old money, dollar money, Israel and a big chunk of new tech money against the post napoleonic london banker communist clans that also fucked china over 40 years.
>>61452466China has been around for 5000 years They play the smart game. The long game. They're not fucking retarded like idiot western leaders.
>>61452466Do they just print money and buy gold with it?
>>61452505Its a re-leveraged play>Print>Buy pet rocks>Collaterize more print with pet rock>Buy pet rock>....
>>61452466They think it looks cool and feels nice in your hand
>>61452466The USA made incredible profit by issuing the world's foremost trade and reserve currency since WWII. China is aware of this. China also sees that the era of unchallenged dollar supremacy is coming to an end. What currency will replace the USD as the world's trade and reserve currency? My bet would be on a gold-backed currency and if I were China, I would be positioning myself to issue one..
>>61452466what everybody knows besides a deluded part of the population (most of it, really). The usd is on its way out and the reset will be backed by precious metals, at least in the beginning. Like it has always been in history.
>>61452524LolChina is made aware that Europe is getting dollarized
>>61452505Yes. "Gold QE" would be a good name for it, and really, I can't think of a problem with it. If you create inflation, gold goes up. If gold goes up, your central bank reserves are stronger, so you can print more. If you print more, gold goes up, so you can print more. You destroy your fiat currency, but if you're an export economy, who cares? Your debt is evaporating and your exports are more competitive.
>>61452543The issue arises when Russia is getting forced to liquidate when it choses the wrong sideAlso you stupid retard are really thinking like it is still the 1980s and no player is aware how vulnerable re-leveraged uncovered debt pyramid ponzi scheming is. China is likely getting fucked as revenge by their former allies in London
>>61452482Next taiping revolution, leap forward, bird genocide when, my yellow friend?
>>61452543And if, as a byproduct, you increase gold mining, then your central banks hold even more. If they hold even more, they can print even more to buy even more. You're inflating the value of your gold, which unlike housing, not everybody needs, only the central banks. You could then use that elevated price of gold to replace US bonds and the dollar as the reserve currency, which means you gain independence too.There is no downside here for China.
>>61452564Ahahahahahahahahahaha You really think its still the 1980s
>>61452553I don't think you've thought this one through. The wrong side would be the side of US bond holders and those without gold. If US debt to GDP needs to be inflated down, who loses? The gold holders? No.
>>61452553>the dollar is so popular, many people go into debt for itNot the argument you think it is.
>>61452567I am not assuming that US bonds are king, so no, I do not think it's the 1980's. I think that right now, things are looking very 1970's in the west, with an inverse 1980's on the way, actually.
>>61452466That's a lot of gold, but it's not much at all considering their population size. Even germoney has a 50% larger gold reserve.
>>61452466there is nothing else to buy to replace us paper
>>61452582Google "countries with biggest private gold holdings".
>>61452573Oh us bonds go on a fire sale, and the parties to buy up the fire sale are in place, me for example and old money clans, oil money clans, Isreal and a big chunk of new tech money>>61452575Em, marshal plan by fifth fleet >>61452580You largely overestimate the power that the stuck in the 1980s communist globalist banker still have. And China is very happy about sticking a dagger into the party that enslaved them for over 40 years, so are the Japanese and the Russian are going to shrug and join to kill the new nazis
>>61452585>privateI mean sure, but it's not like the majority of their people would just willingly dig up their coins and donate it to the ccp when asked. Even the ccp can't force that, it'll lead to total ccpdeath
>>61452556They had to do that to save "face".
>>61452626My point would be that even if their reserves are about the same size as the US, which makes sense given their fishy production, import and export numbers, the population itself is gold rich, so it cancels out the population size vs reserves argument.
>>61452638My argument is that if SHTF, their gold reserves are wholly insufficient to uphold, or even contribute significantly to the sustainment of governmental institutions in order to uphold order in a country of that size in any meaningful capacity.
>>61452466China has a huge trade surplus. They need to put that money into something. Gold is safer than foreign IOUs that the issuer might default on, as happened to Russia
>>61452466(kinda related) Ray Dalio claims:The United States and all the other countries’ governments that have overborrowed and are democratically run are now in a position where they a) can’t increase their debts as they did before, b) can’t raise taxes enough, and c) can’t cut spending enough to prevent running deficits and increasing their debts. They are stuck.To explain in more detail:They can’t borrow enough because there isn’t adequate free-market demand for their debt. (This is because they are already overindebted, and the holders of their debt already have too much of it.) Also, international holders of debt assets of other countries (e.g., China) worry that the war-like conflicts could lead to them not being paid back, so their buying of bonds is waning and they are shifting their debt assets into gold.They can’t raise taxes enough because if they raise taxes on the top 1-10% of people (who have most of the wealth), a) these people will leave, taking their tax paying with them, or b) the politicians will lose the support of the top 1-10% (which is important to fund expensive campaigns), or c) they will pop the bubble.And they can’t cut spending and cut benefits enough because that’s politically and, perhaps, morally unacceptable, especially as those cuts will disproportionately affect those in the bottom 60%……so they are stuck.IMO, gold literally just sits there and does nothing but going forward if the pack believes gold is money, then it is and I position accordingly. I don't see anything/anyone putting a stop the debt trains, plus for those who own assets and who are closest to power, it's great. From their POV, not my problem
They stack, so nobody can seize their money once they attack Taiwan (two moar weeks).
>>61452556it's called a market correction, and the most recent one was with the fake and gay meme pandemic
>>61452466They witnessed how russian assets were freezed by the west when the war began. So they are partly leaving from dollar nominated assets and transfer it to gold instead. Also there are rumors they want to create a partly gold/precious metals-backed brics-currency as an alternative to the dollar in in the international trade.
>>61452466>What do they know?What 90% + of all people in the west refuse to see, The World is going back to a physical commodities System while the fake western digital ponzi system is now finished and is collapsing.
>>61452466Because gold is more expensive than platinum for the first time in like 30 years and it is going up rapidly lol.
>>61452927>brics-currencylol no, gold-backed Yuan maybe, since Russia and India are already trading in it
>>61452970You have cause and effect mixed up
Hoarder hordes hold like a real coward.
>>61452466>30,000 tozThat's barely anything. A mere ton
>>61452466Me love china
>>61452512>re-leveragedwas there a tiktok video on this or a video essay or something? why is every newfag here spamming this phrasebot campaign? what else could it be
>>61452482As of 2025, the top countries with the largest gold reserves are:United States - 8,133.5 tonnesGermany - 3,351.6 tonnesItaly - 2,451.9 tonnesFrance - 2,437 tonnesChina - 2,280 tonnesIndia - 876.2 tonnesJapan - 846 tonnesSwitzerland - 1,039.9 tonnesUzbekistan - 382.6 tonnesSaudi Arabia - 323.1 tonnes
>>61453120One of these countries almost single handedly decided world war two and basically built the global system of commerceAnd one of them rolled tanks into their capital city in 1989 and shot tens of thousands of their own people
>>61452528The problem with this thesis is that the margin of error for the range is too high. It could be now, or it could be within your grandchildren's lifetime. How many people are going to successfully pass a vault full of literal gold to their grandkids?
>>61452466war. specifically ww3. starts next year in June
>>61453131one of these countries made the world save for niggers
>>61453231>starts next year in Junethe sheer flood of these retarded ass posts is astounding, there's clearly some kind of bot astroturfing campaign here so someone can point to the archives later and say>LOOK I PREDICTED ITso I'll pad this post with similar termsin Januaryin Februaryin Marchin Aprilin Mayin Junein Julyin Augustin Septemberin Octoberin Novemberin DecemberIt's happening! See, fellow real humans? I predicted it! Buy my (useless shit) and follow my (useless grift)!
>>61453254why are you so afraid of war?
>>61453273because there is a concerted effort to genocide whites and war will be used for this purpose
>>61453284how many kids do you have?
>>61453348CHECKMATE HAIL ERIS FUCK YEAH DEATH TO HUMANITY IN THE NAME OF SATAN WOOO JUDAISM
>>61453463>>61453459>>61453454based
>>61453284Based Israel
>>61452466The want to survive the Great Taking.
>>61452466They want to devalue the yuan against gold to get rid of their debt problem
>>61452505Isn't that what the nazis did?
>>61453454can we panic already or is it too early?
>>61452927It's not a secret >>61453463>>61453459>>61453454lack confirming dubs, but still...
>>61453120May we see the Fort Knox holdings? No? Protip schlomo has disappeared all that gold and the US is a brokie >>61453131There’s a lot of countries out there that didn’t roll out the tanks to smash US glownigger color revolutions and paid for it with their national sovereignty.
>>61453120>United States - 8,133.5 tonnesPost proofs
>>61452466To distract the public from their even larger silver purchases
>>61453120>Italy - 2,451.9 tonneslike half of it its in the US so i would consider it gone
Tokenized gold is part of their de-dollarization strategy.
Gold is going fucking stratospheric very shortly.None of you are ready for what's coming.
>>61453067This area is where most of the remaining easily recoverable gold is. so close ...
>>61454501This is all you need to know
>>61454501>Post proofs
