4um: China forming plans to take away gold market and price discovery power from U.S.

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Title: China forming plans to take away gold market and price discovery power from U.S.
Source: https://www.youtube.com/user/usawatchdog/videos
URL Source: http://www.examiner.com/article/chi ... price-discovery-power-from-u-s
Published: Sep 15, 2014
Author: staff
Post Date: 2014-09-15 19:24:26 by Horse
Keywords: None
Views: 46
Comments: 3

Poster Comment:
Harvey Organ- By December Whole Thing Going to Collapse
China is importing 42 tons of gold a week. Since Russia and China do not export gold from their mines, the Chinese are buying all the gold production. India is buying a 1,000 tons a year. Russia is buying 6 to 7 tons of gold a month. The US and the UK are exporting gold owned by foreign depositors.
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#1. To: All (#0)
He says China will announce its gold holdings and undo faith the LBMA, the COMEX and GLD. That will happen when China says how much gold they have. That will spike the price of gold. China will have a futures market open on Sept 22nd. They will be selling gold and not paper in their futures market. China had silver in Shanghai but customers are buying it. They will be out in December so they will have to buy silver in masse to meet need. When they get COMEX's silver, silver will spike higher. He says $200 an ounce when the dust settles.

About the same time Russia will offer Germany an exit from the EU and NATO. China will offer the Saudis an exit from the Petrodollar. He says the dollar will go from 82 to 50.
Liberal Diehards will finally be scraping their Obama stickers off their cars.

Horse posted on 2014-09-15 19:52:25 ET Reply Untrace Trace Private Reply
Replies to Comment # 1.
#2. To: Horse (#1)
Uhhh...very well could happen.

Lod posted on 2014-09-15 20:32:31 ET Reply Untrace Trace Private Reply
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