Friday, December 3, 2010

China gold imports head for big rise.

Another two post day.
But this is interesting. So I do hope I get to read some different thoughts?
Is China using, the soon to be worthless American dollar, to stockpile gold?


HONG KONG (MarketWatch)

China’s gold imports are on track for a sharp increase this year, with data for the first 10 months showing bullion shipments up more than four times amid rising interest among investors seeking out a hedge against inflation.

Bullion imported into China in the January-to-October period totaled 209.7 metric tons, compared to 45 metric tons in all of 2009, according to reports Thursday citing figures announced by Shanghai Gold Exchange Chairman Shen Xiangrong.

If current trends hold, China’s gold imports could rise nearly sixfold by the end of the year, according to calculations based on monthly averages
So if they dump the US dollar holdings, are they protected?

17 comments:

  1. Chinese banks really promote the buying of physical gold for regular folk - the exact opposite of what is promoted here in the west and in europe. Most people don't know this . . . so the headline about "China" importing more gold has to be broken down - it's not the citizens importing the gold, it's Chinese banks.

    Those Chinese banks (yes, gov't owned mostly) then sell to the public, and it's hard to say how much is demand, and how much is "selling". That being said, it is clear to everyone in China that the american dollar is doomed.

    That is why I do predict a very quick end to the USD - the Chinese, when acting enmasse, will have an absolutely devastating effect on its value, which will be enough to start that very large snowball rolling downhill. Then it'll be impossible to stop.

    Solid assets is where it's at - gold, silver, jewels, real estate.
    No paper promises will survive.

    And in the states, they will find your gold, and take it.

    It's been done before . . . or maybe you haven't heard that story.

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  2. And one assumes they're savvy enough to check that they're not getting diddled with tungsten...

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  3. "And in the states, they will find your gold, and take it.

    It's been done before . . . or maybe you haven't heard that story."

    I have heard about it.

    In fact I am reading another book, that has just mentioned it.
    And if your interested in a really good book on the economic mess..

    http://globalresearch.ca/index.php?context=va&aid=20425

    THE GLOBAL ECONOMIC CRISIS.
    The Great Depression of the XXI Century

    by Michel Chossudovsky and Andrew Gavin Marshall

    I am just getting into it and am reading entire parts to the hubby.
    :)
    Good thing he is interested also, or it could get annoying.

    Very good so far, very good.

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  4. "And one assumes they're savvy enough to check that they're not getting diddled with tungsten..."

    I hope they are?
    Somehow, I think, they are.

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  5. Penn the Chinese take their gold very seriously and you can rest assured that they will drill each and every last goddamn bar.
    Thats cheap, one helluva lot cheaper than getting screwed with tungsten.

    Whatever happened to that story anyway, just seems to have gone away, lost in the mists of time I suppose.

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  6. Penny

    Saw your thoughts about "the tribe" over at
    Aferrismoon and thought you might enjoy
    this from over at TheDailyBell.com

    Apologies for it's lack of relevance to this
    post of yours.

    "Regarding Israel ...

    The point made in this article was simple. There is no "Israel." It is a description of a piece of land.

    Here is what we wrote:

    "When Israel needed a Supreme Court building, the Rothschilds provided it " but the corollary was that Israel and the Israeli government would have no say in the building's design or construction. The Knesset itself was provided by the Rothschilds. Some have claimed that Israel is, in fact, a Rothschild project. But, again, what does that say about the power of Israel?"

    Thus the article thus made the point clearly that Jewish power (or Rothschild power) likely runs the world. We also wrote: "The control of money power is held by a few banking and media families and other institutions ... Much of it apparently resides with the Rothschilds and its network."

    If we did not state that the Rothschilds were "Jewish" it is only because we have written over and over that there are many who believe that the Rothschilds and other powerful families practice something "beyond" the Jewish religion. How else to explain the Illuminati symbolism and other religious iconography that is not "Jewish" by hyper-Jewish or perhaps from another religion entirely, or at least a separate, integrated religion.

    The article makes the flat statement that money power is Rothschild-run. Money power, as the Bell has written many times before, is Mafia like and thus it is not surprising to find that many Jews are involved in money power, just as many Italians are involved in the Mafia. But to maintain that all Jews are culpable for money power is simply not true in our opinion, anymore than suggestion that all Americans are responsible for the actions of the US empire."

    Dave

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  7. My take is that this new advice to the masses of China to buy gold is coming from the Rothschilds using the Chinese government by proxy. Since the Rothschild gangsters literally call the price of gold, they can and do manipulate gold prices to their advantage. If they drop the price of gold significantly then the gold holders who purchased it earlier at high prices, who are poor, will sell it back at a measurable loss. The Rothschilds can then pick it up at the super low rate that they engineered, then raise it again. Or an alternative scenario would be to have all these Chinese citizens buy all this gold and then the Rothschilds have their Chinese inside men order it to be confiscated it as they once did in the U.S. Chinese citizens are used to state repression so this would be a problem per se. However in the US were to try that move again, there would be blood and a lot of confiscators with terminal cases of lead poisoning. Too many Americans are armed and on the edge and that is and has always been problematic for the enemy. That is why they prefer to use guile and PSYOPs instead of naked force, but that is coming fast down the tracks. However it what you can't get with force you get by deception hence all the gold for cash adverts littering the telly.

    China doesn't run itself anymore than the US, UK or any other country claiming sovereignty. One smoking gun that betrayed China's complicity with the aims of the Rothschild grand plan was it's very Eugenic-friendly and brutally enforced 'One child only policy'. That policy was clearly dictated to it for a capital infusion or favourable resource exchange. It's always the citizens that are barely manageable in countries, but the willing, bought and compromised prostituted store managers are always in full lock step with the agenda. That is why they're in those positions, and any leader who has other ideas better brace themselves for black ops, assassinations and destabilisation leading to a coup. Believe you this, if China was truly independent and advising gold purchases, then the Rothschild war machine would gear up in overdrive. There's a gambit at work here and not everything is visible at face value.

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  8. This comment has been removed by the author.

    ReplyDelete
  9. My take is that this new advice to the masses of China to buy gold is coming from the Rothschilds using the Chinese government by proxy. Since the Rothschild gangsters literally call the price of gold, they can and do manipulate gold prices to their advantage. If they drop the price of gold significantly then the gold holders who purchased it earlier at high prices, who are poor, will sell it back at a measurable loss. The Rothschilds can then pick it up at the super low rate that they engineered, then raise it again. After-all, the economy is not getting any better anywhere because the same forces are engineering it that way. Or an alternative scenario would be to have all these Chinese citizens buy all this gold and then the Rothschilds have their Chinese inside men order it to be confiscated it as they once did in the US. Chinese citizens are used to state repression so this would be a problem per se. However in the US were to try that move again, there would be blood and a lot of confiscators with terminal cases of lead poisoning. Too many Americans are armed and on the edge and that is and has always been problematic for the enemy. That is why they prefer to use guile and PSYOPs instead of naked force, but that is coming fast down the tracks. However it what you can't get with force you get by deception hence all the gold for cash adverts littering the telly.

    China doesn't run itself anymore than the US, UK or any other country claiming sovereignty. One smoking gun that betrayed China's complicity with the aims of the Rothschild grand plan was it's very Eugenic-friendly and brutally enforced 'One child only policy'. That policy was clearly dictated to it for a capital infusion or favourable resource exchange. It's always the citizens that are barely manageable in countries, but the willing, bought and compromised prostituted store managers are always in full lock step with the agenda. That is why they're in those positions, and any leader who has other ideas better brace themselves for black ops, assassinations and destabilisation leading to a coup. Believe you this, if China was truly independent and advising gold purchases, then the Rothschild war machine would gear up into overdrive. There's a gambit at work here and not everything is visible at face value.

    ReplyDelete
  10. silverfish: the story on the tungsten bars went away as fast as another interesting story, about someone with bearer bonds arrested crossing northern Italy into Switzerland.

    These odd and highly suspicious stories seem to disappear.

    I was thinking the other day about other stories that we never hear or read about Jihad Jane. The somali pirate juvenile they had brought to New York.
    Such a cause celebre initially Jihad Jane and the somali teen, one wonders, of course if they were staged psy-ops.

    But the tungsten bars and the bearer bonds, those two reek of something else entirely.

    ReplyDelete
  11. thanks Dave.

    This is the first time I have heard of Thedailybell.

    I shall take a look see.

    ReplyDelete
  12. HHQ:
    I wonder why it is the Chinese would fall for it.(banksters)

    They have survived as a nation for a long, long time.

    "if China was truly independent and advising gold purchases, then the Rothschild war machine would gear up into overdrive."

    HHQ: Perhaps the US gunning for China could be conceived in that manner??

    I will admit it could be conceived in many other manners, but.....

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  13. Penny

    I should have linked directly to the article
    The quote I used was from the comments below
    the article.
    The Daily Bell is based out of Switzerland and has some
    very interesting and sober takes on world events.


    Click here to read article

    Dave

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  14. Well, let's get something straight here: the story states a ramped up buying/importing of gold.

    The Chinese have ALWAYS valued gold, silver and jewels though - we are talking thousands of years here, not hundreds.

    The news is for westerners - not Chinese. So, it is directed at north americans to read and digest . . . the Chinese are really buying gold! Hmm, those sneaky Chinese . . .

    I could almost imagine this as a psy-ops for westerners to NOT buy gold - why help the Chinese? Why would we rich, smart and savvy westerners want to keep doing these outdated things like hoarding gold, such as the third world cultures of China and India?

    Why indeed. It's only kept their wealth . . . but I almost take this as spin, as putting "gold buying" with "chinese", and that would predispose westerners to do something different.

    After all, every single shred of news/propoganda about the Chinese belittles them, puts them in a bad light, and shows them to be uncultured boors who have no sense and no morals.

    I may be reading into it too much, but that's my current theory right now as I ponder it for a few seconds.

    Oh, and HHQ - you aren't Chinese? I thought you were by your tag, and figured you would know that this advice to buy gold - is neither new, nor advice really(they've already been doing it for thousands of years!).

    Old Buddhist stuff - keep gold. Old war/revolution thinking - keep gold hidden in house, never trust what you can't hold.

    It has served them well in the past, and at this point in time, it's what I recommend to you all financially.

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  15. Gee Whiz, that Daily Bell looks good. I'm going to check that out.

    Otherwise Hei, I wouldn't take China's one child policy as proof of complicity with the Rothschilds. What were they meant to do? Continue growing at an exponential rate?

    Here is something that is absolutely true: at some point a given place's population will arrive at a point where it endangers the environment. It's inarguable. Don't forget that the world has pretty much run out of fish.

    The fact that death cult motherfuckers are behind a eugenicist programme doesn't inversely mean that the world can support an exponentially growing population forever. The world population has travelled from 2 billion to nearly 7 billion within a human lifespan. That's not nothing.

    Clearly this must be addressed. Okay, so in amongst the Rothschild/CFR/Bilderberger/death cult prescriptions of war, disease, and starvation how should we view China's one child policy? If I floated the word 'optimal' would it fall at the first hurdle?

    As much as I hate the death cult that doesn't automatically mean that I must turn 180 degrees and race in the opposite direction. Likewise, concern about population isn't proof of wickedness. Can you dig it?

    PS I ain't saying that you're wrong neither. All I'm saying is that the one-child policy isn't proof the Chinese are in bed with the Rothschild. They may well be but that isn't an argument winner.
    PPS Me, I doubt it personally. I don't dismiss it utterly (I never dismiss anything out-of-hand now) but I haven't seen anything to convince me of it.

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  16. Nobo said: Otherwise Hei, I wouldn't take China's one child policy as proof of complicity with the Rothschilds. What were they meant to do? Continue growing at an exponential rate? Sorry mate, I didn't just take the one evidence as ultimate proof, there more to it than that. Just didn't want to turn a reply into a blogpost as sometimes happens. Also when it comes to "exponential growth" keep in mind you're dealing with possibly skewed data favourable to their agenda. We also don't get to call the shots on how a country not our own gets to scale their population full-stop.

    Forest for the trees friend you're shooting flies off of the pond whilst missing the duck, geese and fauna. I don't agree and have no time to quibble about as I'm a bit busy going after the enemy.

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  17. Ah yes, but what you didn't know is that (what with yours truly being the mad bird-watcher) I didn't want to hit the ducks or geese. It was the flies I was aiming for.

    Don't ask me what that means because I don't know.

    Otherwise, between the possibility of skewed data and "The world population has travelled from 2 billion to nearly 7 billion within a human lifespan one of them comes off as flimsy. Don't you think?

    And as for "We also don't get to call the shots on how a country not our own gets to scale their population full-stop" does that mean such things oughtn't to be discussed? Or that in that discussion we may not look to other countries to see how they've gone about it?

    Otherwise you say that China's one-child policy was clearly dictated to it. It was? First I've heard. How do you know that that's the case?

    Given that here in Oz, when KRudd PM madly declared that we needed to double our population to 40M or so, there was a great deal of consternation from any number of people as to what was an appropriate and sustainable population for Australia. And if you asked me I'd say that the current population of 20M is not sustainable. Our greatest river, the Murray/Darling is dead as a doornail hundreds of kilometres from the ocean. It's wetlands are a desert. Is that not worth having a discussion about?

    Okay fine, so might not the Chinese with a population 50 times greater than Oz have had similar thoughts about a problem 50 times more pressing and acted on it without any prompting from anyone? After all no one prompted us. Call me simple-minded but that seems perfectly possible to me.

    That aside mate no need to get het up. Your broad musings per se struck me as being perfectly valid. I just wonder at your assertion~certitude that China dances to the Rothschild's tune and that we know so by the smoking gun of the one-child policy.

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