posted on Nov, 13 2014 @ 04:47 AM
originally posted by: St Udio
a reply to: zvezdar
we are in the same ball park
gold will continue its Paper Price contraction... at least until the Chinese can get physical delivery of the bullion, unlike even rich western
hoarders or even central western banks getting Any physical delivery at all
this condition will continue until China has divested most-if-not-all of Its' huge Trillion Dollar stash of Treasury bonds and other paper debt
instruments of the USA...
the dramatic drop in paper-price of gold & PMs is just the kickback the USA fed reserve gives to China for not flooding the global markets with their
massive holdings in Treasuries and USD reserve currency... if they (China) were to unload their holdings in a short period of time then the Treasuries
and USDs would drop 50% in value
overnight..
so the Fed & Treas & western central banks are paying off China to not dump their western paper
myself... I will continue to stack small (token) amounts of silver coin-bars
and make $50 minimum buy-ins into my gold fund
because in under 2 years the whole Western based COMEX paper-gold fraud will blow up...
Shanghai will be 'the' physical bullion, price discovery exchange to deal with
and they will 'double' the $1,150 gold//$15 silver of today as the starting exchange price of physical bullions Au & Ag @ $2300 & $50
edit on
th30141587589313512014 by St Udio because: (no reason given)
ADD
investmentwatchblog.com...
long topic if you are not on board, but interesting if you are a gold bug
edit on th30141588029013042014 by St Udio because: (no reason
given)