Log in

View Full Version : Chinese To Increase Gold & Silver Storage A Staggering 180%



joboo
13th January 2013, 06:01 AM
It's KWN, but interesting none the less.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/12_Chinese_To_Increase_Gold_%26_Silver_Storage_A_S hocking_180.html


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/12_Chinese_To_Increase_Gold_%26_Silver_Storage_A_S hocking_180_files/shapeimage_22.png

“Incredibly, the Basel III accord also allows banks to hold mortgage-backed securities as a liquidity cushion.


Gold held its own in 2008, better than virtually anything else in the world. So of course gold should have been included as an option amongst those junk assets. So why don’t they include gold? Imagine if they had mentioned gold as a liquidity cushion in the event of a major catastrophe. Gold would probably be trading at $2,200 or $2,300.


What would that say about the value of the dollar as a currency? It would mean the asset which would be the ultimate hedge in a liquidity crunch really is gold. But for them to say it would basically cause gold to shoot up, and that would devalue all of the global fiat currencies across the board.


Now, ironically, to cause gold to go up that much and that quickly could hurt the Chinese because they are nowhere near buying the amounts of gold they ultimately want to possess. So the Chinese are just sitting there and saying, ‘Thank you,’ to the West because they are buying the hell out of gold and they really don’t want to pay $2,400 for gold when they can pay $1,600 or $1,700 for it.


Gold trading in Shanghai is also picking up, and they will probably have an ETF in gold in the next couple of weeks. Where are they going to get the gold to put into the ETF? They are doing everything they can to get as much gold as they can without totally disrupting the market.


The reality is, and this upsets the hell out of me, but they are getting a tremendous assist from none other than our BIS. I mean what would any sensible person rather have in a liquidity run? Would you rather have a BBB- bond, mortgage-backed securities, or gold? Obviously it’s gold.


Why didn’t the BIS say it? I’ll tell you why, it’s because they are scared to death. What you are seeing on the part of the West is ever-increasing desperation. Now, is it a coincidence that Warren Buffett, right after these ridiculous Basel III regulations came out on liquidity, said, ‘He guarantees us that US banks are in great shape?’


How great a shape are the banks in when fiat currencies eventually collapse and gold, silver and other commodities go to the moon and the economy stops functioning? They’re not. So everything we are seeing right now is desperation on the part of the West. The West is losing their head in terms of strategic moves because of this increasing desperation.


All of this is playing right into what the Chinese would like the West to do. They are giving the Chinese all the time they need to get their yuan backed by gold. There was a news release last night out of China stating, ‘Gold is going to become an ever greater part of our reserves. We are going to try to do it in a measured way.’


What do you think, that the Chinese are going to hold BBB- bonds and MBS as a liquidity cushion? It’s preposterous. Either the people heading the West have cumulatively lost their minds, or they are just completely desperate.


The message for investors is you better own gold. You better own some of those junior gold mines. You better own silver. Yes, the Chinese are accumulating silver for their energy needs. Right now the Chinese have 50,000 square meters of space to store metals. The Chinese are going to add another 90,000 square meters (a 180% increase) this year.


This is a country that is literally going to spend trillions of dollars to build out, urbanize, modernize, and put together an energy grid that is second to none. They know they will need a stable currency to do that. The only way to accomplish this is to own a great deal of gold to back their currency.


What the BIS and Basel III people just did was say to them, ‘Take your time, China.’ Well, it’s almost game over. That’s what you are seeing play out right now. Gold probably has a downside of $1,600 here, and the upside is the moon. That’s just the way this is going to end and nothing can stop it now.”

Hypertiger
13th January 2013, 06:57 AM
Gold would only devalue the money supply if you needed Gold to survive of course if you were to make gold money then the demand for it would be the same as money and it would cost so much only rich people wlould have money and then it's back to slavery for all of you.

If the food supply ran out...Then money would become worthless real quick.

The chinese are buying up massive amounts of resources and stockpiling them to support prices.

The trick the chinese use to amass the power they have access to ends if there is deflation.

The chinese economy is just like all the rest of the economies in the global trade system...they have to constantly inflate or they constantly collapse.

there is no way to sustain perfect balance when the entire global trade system is based on taking more than you give to sustain existence.

The deficits are sustined by the surpluses.

The rich in power are sustained at the expence of the poor in power.

it's why Iran didn't have sanctions put on them years ago...because the global system would have collapsed...but here with the USA collapsed to the point it is...the supply of inflation from the global system has been cut...and the Iranian currency is collapsing.

the only way the US dollar can collapse is if it collapses quicker than all the rest...but because the USA occupies the same position as england did prior to 1929.

As the USA collapses...All in the the global trade system collapse.

Which is everyone outside of the USA.

If the USA collapsed...the EU would collapse and Chinese produced goods would be luxury items that no one could afford.

The global trade system is a circut and the USA is the the primary light bulb of illumination that requires power.

it's why China and Japan and all the rest of the so called foreign holders have bought so many treasuries...to keep rates constanly dropping so that the maximum amount of consumers possible can supply the inflation the global system demands to sustain it's continued inflation to maximum potential.

To continue sustaining the lie all in the world think is Truth.

currently the so called tecnocrats have been directing the controled collapse of the Global trade system.

but everyone else on Earth donsn't know this...They all think there is a recovery on the way.

In 2008 at the bottom...that was just the top or powerful at teh top of the global trade system covering following the G8 where the global puppets you all think are your leaders were orderd to go back to their economic zones and deficit spend like mad and coordinate they operations like maried spouses.

The top who shorted into the blow off top into 2007...then covered at the bottom in 2008-9.

they began dumping real estate and bonds in 2003 and buying equities...the real estate market caved which chause the rush into equities which allowed the top to sell into the blow off and extract yields from that into bonds which then caused rates to collapse...and the FED to come out and claim they were lowing interest rates.

and teh bail out?...that was the new supply of treasuries to start building the floor under rates by increasing the supply of bonds in relation to desperate demand to stop the collapse in rates.

The FED doesn't have control over interest rates.

How much you all can be milked for yield by your superiors above dictates rates.

The FED just follows along.

And if there is a problem...The FED is to blame and not the system it is part of.

Because you all believe the lies the FED and all your superiors tell you.

joboo
13th January 2013, 07:11 AM
Very interesting. Thanks.

"they began dumping real estate and bonds in 2003 and buying equities...the real estate market caved which cause the rush into equities which allowed the top to sell into the blow off and extract yields from that into bonds which then caused rates to collapse...and the FED to come out and claim they were lowing interest rates."

Hypertiger
13th January 2013, 08:18 AM
The population that is enslaved by the system dictates the yield of power the top obtains to then use to make all below think they are the supply of power you all seek.

The FEd lowers and raises rates based on what the slaves supply and demand.

the top knows when you all become exhausted...this is what causes recessions.

when the slaves slow down on the construction of the pyrimid...

but this is not a solid structure like a real pyrmid.

it's all in your minds...So when the slaves slow down...the imaginary pyrimid begins to crumble...because it's a delusion that is shattering.

Then you become desperate...your demand for money increases.

it's why the top buys bonds....because when the exhausted slaves get whiped by the negative consequences of trying to stop...they become desperate.

this is where the where the credit system comes in.

you can use your current income which is previously created lie or an asset inflated in value by previously created lies as collateral backing your request for a commerical bank to produce new lies to inflate the supply of lies to fight Truth.

Which was caused by the slaves becoming exhaused sustaining the lie.

Which is everyone in the entire system.

and the point of maximum potnetial is being reached where no matter how hard the slaves are whipped...they won't be able to supply the demand of the system for yield and it will collapse completely.

This is being controled currently.

With computers...because if the plug was pulled...and you all were cut off....

The collapse would be greater than you all could handle.

It would be like watching someone you deeply love die a horrible death.

currently you all are doing well...except the people lower in the hierarchy watching what they love die a horrible slow death to sustain those higher in the hierarchy.

But once we get through the positive aspect of the lie...we enter into the negative aspect of the lie that was thought to be Truth.

Where the negativity showing up all around us consumes us and controls us as the lie self destructs...and you all watch what you loved die.

It will be virtually impossible for the population to maintain a positive outlook on the other side of the collapse.

When global systems collapse...when empires collapse...they shatter like glass.

The top is trying to make the collapse as bareable as possible as far as I can tell.

but they are not trying to prevent it...the USA has been collapsing since 2008.

you can trace the 2008 blow off top in real estate to teh 1991 bottom of the soc called great depression of 1990's that did happen but nobody noticed due to all teh actions taken to hide it.

at that time the global trade system included all the communist countries that collapsed when the US consumer could no longer supply the rope to hang themseleves with their system anymore.

The global trade system is a closed loop system that the owners are not inside of...

That is the only way they could not go mad knowing what they know which you are all kept ignorant of.

until you reach the logical conclusion of the take more than you give equation...then you all are forced to wake up...but of course because you don't know what you are looking at...you have to guess.

and you are surrounded by people that are guessing as well...speculating....on if what the official story is saying is true.

and look....all these people trained to obay the official story act like they do...

About what happend in 2008 that was connected to 1991 and the real estate sector and the bretton woods global trade system...that was used from then till 2008 to power the continued inflation of the global trade system.

The top lives off the yield of power from the bottom.

it's why taxes are being raised and prices of food and fuel are rising globally...the demand by the rich in power has become greater than the supply the poor in power kept poor in power by those rich in power can supply.

and the austerity is kicking in...the whippings are increasing...more yield...more power...to sustain teh lie you all think is Truth.

It's a sure sign that the system is close to the end of the positive phase of the lie.

at the maximum potential point of the positive phase...the phase will turn negative.

and not be positive again for a long time.

it will be the reverse on the way down...long periods of boom followed by the beginning of busts called recessions....to long busts followed by the beginning of booms that will not last long and urn back onto busts again.

This is a controled collapse.

In an uncontroled collapse it would be a nightmare beyond belief at this stage...total science fictional levels of terror would erupt.

people would just have heart attacks and die the stress levels would be so bad.

The only reason you all are dreaming of what you are dreaming of is because the system is still taking good care of you all...

Giving you all what you want in order to obtain what it wants.

more power than it gives to you all until the maximum potnetial is reached.

and so far 2008 is where the USA finally ran out of power to sustain the continued inflation of the world.

It would have ran out of power reguardless...The plan in 1944 at Bretton Woods to create the global trade system couldn't have turned out any other way.

All bretton woods is designed to do is take more power than it gives until maximum potential is reached and it implodes.

EE_
13th January 2013, 10:26 AM
I don't think the people at the top of the food chain give a crap what happens to the economy, or the people.
They don't care who, or how many die.

These elite are not in a panic or "scared to death" as these articles lead you to believe...they are just playing the game out. They are managing the collapse the same as they are managing gold prices to benefit themselves.

How afraid would you be if you owned 100's of billions of assets, a vault full of gold, your own island, super yacht, helicopter, a compound with a fuel depot, an underground bunker with the ultimate in security, a food supply to last your family for years and satellite surveillance where you could sit back and watch the ants kill each other?

This is all just a game to them. When they decide it's over, they will scurry off to their remote compounds to ride out what comes next. After the collapse is over, they will establish a new form of currency for the survivors and start the whole thing over with a new 400 year plan to dominate and loot the planet again.

This collapse may take many years to play out...20 or 30?

Anymore, I pretty much disregard all these articles that say the elite are on the ropes and are afraid, as nonsense.

The only thing that can take these people out, would be an act of God.