Two reasons:>To prevent the UK government from confiscating China’s gold.>The Chinese government plans to develop Hong Kong into a new international gold trading hub.The Chinese government is planning to return to the gold standard and needs more gold to do so.You should buy gold, too,only fools are still buying U.S. Treasuries.
>The Chinese government plans to develop Hong Kong into a new international gold trading hub.Why would anyone trust the CCP with their gold?
>>540722828>only fools are still buying U.S. Treasuries.Aren't you admitting to being fools for holding huge bags of those bonds?
>>540722828And then they're moving gold plated tungsten back.
>>540722828>>The Chinese government plans to develop Hong Kong into a new international gold trading hub.jardine matheson among others established this long ago at hong kongone of the fx of the opium wars is that price of gold is pegged to opium today>lol
>>540723262Dude, there's no gold in Fort Knox.All the gold in there was sold off by the Jews.The gold went to China.
>>540722828>To prevent the UK government from confiscating China’s goldYour gold has probably already gone.>>540723262I'd trust a Chinaman over a Jew without a moment's hesitation.
>>540723480cool story bro>>540723491i know mohammed
The great Chinese century...just got greater.While the west gets tackled both economically and geopolitically China shall reinstall the gold standard and crush all fiat currencies with a giant golden hammer.
>>540723284>holding huge bags of those bondsWe’ve stopped buying them.Most of the U.S. Treasuries held by Chinese banks are long-term bonds nearing maturity and short-term bonds.Only Japan purchased a large amount of U.S. Treasuries, but ended up selling them off prematurely to prop up the yen, resulting in severe losses.
>>540723784>we're fools, but not as dumb as the JapaneseNext you'll brag about having higher IQ than Indians.
>>540722828Is the squeeze finally habbening? Find out at 11
>>540723585I know Jesus Christ. We are not the same.
>>540723995
>>540722828>planning to return to the gold standardor maybe they're not retarded and don't want us to steal their gold?you know its the first thing we will do when they take taiwan
>>540723480You didnt answet his question though
>>540724486It’s better to trust yourself than to trust the West.
Stop hyping gold if you really want to buy gold just quietly buy it while it's cheap. I don't want to see 5000 dollars and Oz again for a few years at least
>>540723480Yeah its funny how after the last American election there was a big push to audit Fort Knox. And then it never happened and just got memory holed.That should tell everyone exactly what they need to know.
There's so much fake gold in china, there's an ongoing scandal there that banks are knowingly selling fake gold to people with retarded restrictions like you cannot open the container they're in and inspect it, and you can only sell it back to the same bank.China is a black hole of corruption.
>>540724464>you know its the first thing we will do when they take taiwanOur government knows this.As you can see, the Chinese government’s series of major moves in recent years have almost all been aimed at ensuring national economic security.The kind of economic sanctions the West has imposed on Russia must not be allowed to happen to China.The best approach is actually a hard decoupling.As long as the Chinese economy no longer depends on Western markets, there’s no need to care about what the West thinks.
>>540722828>>540723480>>540723784>>540725188Based self-reliant smart Han. I could only dream of being part of a people with the wisdom and fortitude as the Chinese.Good luck to you in facing those troublesome times.
>>540723335This. This is exactly what's happening. China should be completely cut off from the global economic networks. Way too corrupt to bother with. Doing business with the chinks is like doing business with the jeets. They're going to figure out a way to rip you off.China has a well known saying "if you can cheat, cheat."
>>540725375If you do, only buy coins like 1 Oz Maples.Too many cases of Gold bars with tungsten rods in them.
>>540725299>5000 dollarsI believe the AI bubble in the U.S. stock market will burst by the end of this year or early next year.By then, the price of gold will surpass $5,500/oz.Because by that time, the only things worth investing in will be gold and food.
>>540723784>we4chan is banned by the great firewall
>>540725496>Way too corrupt to bother with.Your state is the father of all corruption. It is not only corrupt, but it corrupts whatever it touches, and when faced with any form of resistance, it forces corruption down your throat.The whore of Babylon has no business schooling China or any country for that matter on corruption. You transcend it.
>>540725544That's interesting. To me it sounds like a planned collapse. Anyone holding real assets will do well.The USD system as it is has been around since the 70s. It can't continue. Fiat currencies usually only last around 30 years.
>>540723784>We’ve stopped buying them.latest tic data says China purchased $8B, but there is a downward trend from last year as Japan basically now holds the same amount as last year
>>540725656>Fiat currencies usually only last around 30 years.'fiat' isn't the problemWHO IS ISSUING the 'fiat' IS THE PROBLEM and that the Fed's private fiat IS INTEREST-BEARING is the fucking problemFIAT, CREDIT-BASED INTEREST-FREE US NOTES ISSUED BY THE US TREASURY WORK FOR THE PEOPLE AND ARE INTENDED TO BE AN INTEREST-FREE TOOL TO FACILITATE COMMERCEFIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED BANKRUPT NY FEDERAL RESERVE FRANCHISE AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBT Fiat is given value BY A NATION'S CITIZENS.If the FUCKING NATION’S TREASURY is the one issuing it, fiat is not a problem.
>>540726331>FIAT, DEBT-BASED, USURIOUS, INTEREST-BEARING FEDERAL RESERVE NOTES ARE FUCKING BORROWED FROM THE PRIVATELY-INCORPORATED BANKRUPT NY FEDERAL RESERVE FRANCHISE AND ONLY ENRICH THE NYFED’S PRIMARY DEALERS AND THEIR CRONY/POLITICAL ILK AND ENSLAVE THE POPULATION IN BOND DEBTand the US$ is a fucking UNIT, it a metric, a fucking quantification to denominate in
>>540723995Nice
>>540722828Never trust a chinaman with gold. Hoarding is unacceptable.Remember china, you live in the most invasion friendly country in the world. Dont be stupid.
>>540722828How did you get onto the round eye part of the internet? I thought that places like 4chan would be banned?
I wrote this on /pol/ years ago:<<——This new dual-counter model allows for certain stocks on the HKEX to be priced in both the Chinese CBDC (the e-CNY) and the HKD. This new HKD:e-CNY dual-counter model easily allows for global financial firms to more consistently and easily convert USD to the e-CNY via the HKD/USD peg and to decrease the difference between price bids in HKD and the e-CNY on the HKEXthis is also intended to increase internationalization of the e-CNY and the securitization and tokenization of assets, especially securitiesSo, the politicians appear as though they are fighting while the international banks work together behind the scenes consolidating power.Central banks are now acquiring gold to back their own currencies, NOT to convert from gold to digital, but to give them a seat at the NYFed/BIS/IMF TOKENIZED ASSET tablethe global pie is getting bigger for these classists, as they sell each of their own nation's future productivity via bond debt, making the domestic pie much smaller for each citizen.
>>540726676HKEX are now tokenizing metals and others are making pilots for that (pic rel)
the people already have the power to stop any tyranny by SIMPLY USING CASH AND LEAVING YOUR PHONE AT HOME sometimesthese two simple things destroy any surveillance plansyou already have the fucking powerit is YOU that chooses to continue using the grid to your own detrimentyou already have the power right nowyou have agency stillthey just need your consent to implement it wholly, then having agency won't even matterthe current tech trend is for citizens to not hold or own information or organize it or remember itthey also do not store it on their own computers, but in a foreign cloud that tracks all changes in real timethey only have instantaneous ACCESS to informationpeople are not being conditioned to retain info or organize it for themselvestptb are now waiting for anyone with a high amount of intellect and knowledge to die off, then they will just be left with the malleable, dumbed-down 'instantaneous access' population that can't put two and two togetherUSE FUCKING CASH AS MUCH AS POSSIBLE, NO MATTER WHAT COUNTRY YOU ARE INNEVER USE YOUR PHONE TO PAYA NATION'S FIAT IS THE POWER OF THE PEOPLE IN THEIR OWN FUCKING HANDSand this is why the bankrupt NYFed seeks to even abolish paper fiat Federal Reserve Notes, b/c fiat paper mostly SERVES THE FUCKING CITIZENfiat is the common national bond and cooperation of the value of one's laborif this fiat is issued by a private, debt-based central bank such as the Federal Reserve franchise, then only the Fed franchises profit/benefit from the labor of the citizens, the treasury or the citizens do not profit and/or not benefited.tptb want to change currency FROM A TOOL for the citizens to value labor, their cooperation and goods TO A PERMISSION>tptb want to change currency FROM A TOOL TO A PERMISSION
>>540722828The UK should send them blocks of tungsten coated in a thin layer of gilded copper and tell them it's just as real as all the other gold in China.
The NYFed’s primary dealers and their ilk want to tokenize all asset classes so they remain in a top, untouchable tier of shareholders that takes no risk and always gets paid.pic related: JPMC is JPM, the largest owner of the NYFed private franchiseThe NYFed-ilk BlackRock and Citadel have just opened a new exchange in Texas, where there are no capital gains on metals.So, they are likely looking to have some con that involves switching from one asset class token to another (from treasuries tokens to MBS tokens to metals tokens) via blockchain asset tokens, then leaving with their gold assets with no capital gains.These asset tokens would also allow fractional ownership, so they can fleece even the poorest investor.the reason the NYFed and its ilk want to tokenize securities is b/c these securities will be traded on a PLATFORM, and the endgame is that THE PLATFORM ITSELF IS ALWAYS THE HIGHEST CLASS OF CREDITOR in any crisis or bankruptcy (everybody gets fucked except for the platform)
Chinese gold is famously full of tungsten. So, I don't know why people would engage in this Singapore idea.
>>540727425>pic related: JPMC is JPM, the largest owner of the NYFed private franchise<<<---this image goes with ^^^^this text, sorry about thatThe NYFed’s primary dealers and their ilk want to tokenize all asset classes so they remain in a top, untouchable tier of shareholders that takes no risk and always gets paid.pic related is an excellent documentary called The Great Taking
>>540722828YELLOW PERIL FUCK CHYNA FUCK CHINKS
