Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

China’s ‘Announcement’ of Gold Reserves Increase from 1.95KTons to 14.73KTons is Prelude to “Killing the Dollar”!!

August 20, 2021 by mosesman
Remember the Golden Rule: “He who has the Gold, RULES!”
  • Update latest, some feedback that it is mineral reserves and not bullion:
    –

    @JamesBob47
    Replying to @KingKong9888 and @thesiriusreport
    This is their estimate of proven mineral reserves, not bullion. They reported a similar number last year too. http://xinhuanet.com/english/2020-10/05/c_139420547.htm

    –

  • The cat’s out of the bag. Why is China ‘formally’ announcing an increased in their gold reserves to 14,727 tons? You need to look at the big picture. Look at their military ‘exercises’, Taiwan invasion ‘exercise’ deployment. Is China afraid of the Taiwanese military? Obviously, NOT!! Their main concern is the interference of the USA-Pentagram military forces. My assessment is that: China will not initiate a major war without “Killing the Dollar” first. Once the US dollar dies, American military will be crippled. There will be immense problems in America caused by currency collapse. Just look at Lebanon and Venezuela.
    –
  • Can you compete with an American military power, with the US Govt that can create trillions in dollars out of thin air to finance the war machine? Obviously NOT. So, the ‘announcement’ of 14.7Ktons of gold (from previous 1.948KTons), is a prelude to an attack on the dollar. Once the dollar collapses, Taiwan IMO will fold, ie. there is no need for China to launch an invasion. The Taiwanese will negotiate a settlement. IMO, it will be like the HK SAR agreement.
    –
  • China’s Gold Reserves Scale Pp for 15 Consecutive Years — 14,727 Tons by 2020: Report
    by http://www.xinhuanet.com/english/index.htm , 19 Aug 2021
    BEIJING, Aug. 19 (Xinhua) — China’s gold reserves have grown every year for 15 consecutive years, reaching 14,727.16 tons by 2020, according to a yearbook issued by China Gold Association (CGA).
    –
    Despite factors including the COVID-19 epidemic and policies related to mining rights, the country’s gold output still ranked the top in the world, standing at 365.35 tons in 2020, the report reads. This represents a decline of 14.88 tons, or 3.91 percent lower from the same period in 2019, according to the CGA report.
    –
    However, noting an evident decelerating pace in the contraction of gold production in 2020 compared with the previous years, China’s gold production industry’s transformation from high-speed growth to high-quality development is showing sound momentum. The total traded volume of gold in the Chinese market reached 95,500 tons in 2020, accounting for 13.72 percent of gold transactions in the global market.
    –
    The yearbook published by the CGA provided analytical report on the development and future trend of China’s gold industry, covering the entire industry chain including gold exploration, mining, processing and investment. Enditem

end

Post navigation

Previous Post:

Tucker Carlson Calls On Citizens to Rise Up and Reject the ‘Great Reset’

Next Post:

Israel Allegedly Bombs Iran’ Post in Syria; Turkey Welcomes Taliban Statements TV7 Israel News 18.08

Pages

  • About

Recent Posts

  • Former US Deputy Assistant Secretary of Defence Elbridge Colby: China Has ‘Incentives’ to ‘Strike Big And Early’ — A ‘Pearl Harbor’ Event ??
  • Israel, Islamic Jihad Announce Ceasefire in Gaza — Death Toll in Gaza Rises to 41: Health Ministry
  • Will Fighting in Gaza Trigger a Wider War? | Inside Story
  • How Did 5 GTA Docs Die in 2 Weeks? Dr Richard Urso Interview
  • 14 More DEAD Kids Newly Reported in VAERS Today! August 5, 2022
  • Dr. Sherri Tenpenny: Brain Damage Caused by Cox-vid ‘Vwacxine’ Injecxtions
  • Biden Declared a Climate Emergency – WHO WROTE IT AND WHY ARE WE IN THIS POSITION? | Mel K
  • IN THE TRENCHES: FBI Says You Are a Domestic Terrorist
  • Hungarians Want ‘More Chuck Norris’ – Orban — The Country Wants More Rangers, Not Genders
  • What UFO News Congress JUST Learned Will Change Everything | Redacted with Clayton Morris
  • What Putin And China Just Did to the WEF is a Game Changer | Redacted with Clayton Morris
  • Fourteen Young Canadian Docs Die After Getting the Shot. Normally Would Be ~0 Over 30 Years.
  • Why Did Dr. McCullough Say, “The Pfizer Vaccine Reverse Transcribes and Installs DNA Into the Human Genome?”
  • U.S. Life Insurance Companies See 40% Death Increase in All Causes… 300% Increase in Cancer Patients Over the Past Year
  • CxV-1×9 Vwax Nothing Short of Horrific Experiment – Karen Kingston
  • Israel-Palestine Latest Updates: 3 Children Killed in Gaza Blast
  • 15 Dead As Israel Pounds Gaza, Military Prepares For “Week Of Fighting”
  • Medical Study Shows Unvaccinated Have Stronger Immunity Than Vaccinated After Eight Months
  • BRICS Gold Rush Continues As The West Fiddles.
  • Doctors Criticize Fauci For Saying COVID Vaccines Induce ‘Only Temporary’ Menstrual Irregularities

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
August 2021
M T W T F S S
« Jul   Sep »
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
© 2022 Socio-Economics History Blog | WordPress Theme by Superbthemes