>In June China purchased over 40 tons of gold on the London market, which is 167% more than the 15 tons officially announced by the Central Bankimplications of dollar is being slowly abandoned by largest manufacturer in the world?
it's a good defense. Trump would never nuke a pile of gold. he just wouldn't
>>541371385they'll just rugpull it again
Chinese are also building vaults with gold in major trading hubs to back up yuan after dollar collapses.
>>541371484>paper commoditiesirrelevant
>>541371484>silver falls to $72>silver crashes to $120>silver collapses to $3,000
I have 50 1 toz gold eagles and 2000 silver eagles. I'm ready for the fiat collapse
This is for internal consumption I believe.Since Xi is denynig the boomers a rise in house pricing,he will have to provide another way for boomers to save up money, thus gold is the best option.
You should also beInb4 for Slovenia anon>It doesn't matter if we're here or at 15k already, the point stands: Stack more
>West literally makes easier for China to stockpile real gold
>>541371385It's a flag neutral currency that basically everybody accepts. Makes sense. You can't really sanction gold transfers (at least I don't think). Plus they consume gold to plate PCBs and there is research on using it for chemical synthesis like Vinyl Chloride.They can accept it as payment from Russia. Makes sense.
Chink bussy is even more valuable than gold
>>541371385China is anticipating a move away from an export oriented economy to one more relying on domestic consumption, and also moving up the value chain wrt exports As a final blow to the (((West))), China will move to an asset backed currency and suck up all the world's savings, as it did for many centuries before the opium warsGood fucking riddance to our kiked up civilization
Yeah clearly the west is about to collapse, Igor. Got any benzine yet? >noooo :( I know. I’ve been laughing at the video’s of russian benzine fights in the cope cues. Pic: his new little hat is too big for him.
>>541373761Of course. Unfortunately for your plan (((china))) has never and will never achieve anything. It just builds tat copied from 30 year old patents for globo corps. Try to keep it real. Chinks would just use you as a smelly organ bag anyway.
>>541371385No shit, China and other non-Western nations started dumping dollars hard since 2022 when the US weaponised the USD against Russia, the US telling Japan it can't sell their US treasuries and the US government attempting to do yield curve control further underscores why it's a smart move
>>541371385.China is speedrunning to brokeness. Can't print that much money.
>>541373972People say this shit all the time but China is selling goods and people are buying.
>chinas going to save us it says so in the (((newspapers)))>”china is tall” china’s owners. The (((ccp manchus))) partners in slavery. Anyway. How is sneaking around cucking to oligarchs, copying words and memes that you don’t understand going to get you any benzine? >I’m a good little cuck to Master>They won’t send me on a meatwave! Haha. Horrible cunt.
>>541373926
>>541372884Back then it were reparations that destroyed the currency. What'll it be in 202X?
>>541374210>Made in taiwan>made in japanGlobo just thought it would be even cheaper to use pure slaves. China won’t do zip, ever. It never has and it cannot do anything, they just lie even more than you & poo. Nothing else. They certainly won’t be saving you liars from the hole you’ve dug.
>>541374359>ccp manchusManchus got genocided after the japs lost the war.It's why the old jap guy is so butthurt when he says China no longer exist.
>>541374678Worldwide hyperinflation because every major currency is bound to the USD$ which is dying rn
>>541375044MIGGERS are complete trailer trash holy shit. I hate sharing a country with these people fuck. The worst part is they're like "If you don't like it leave" then don't realize how bad US tax law and banking regulations are.
>>541371385slowly?
>>541375353yeah they still hold 670B in US treasuries
>>541375703Which is, well, not that much. About 31.5 TRILLION in treasury bonds exist right now. And they're still printing.
>>541371385>implications of dollar is being slowly abandoned by largest manufacturer in the world?Gold is not a currency. You can't buy anything with it.
>>541375856China is not going to get rid of US dollar as long as it serves the function
