Re <<China’s $170bn gold rush triggers Taiwan invasion fearsBeijing on record 17-month buying spree in what experts say is a move to guard against sanctions ... The 17-month streak has increased its gold reserves by 16pc.>>
I suspect ...
(1) China central bank owns a minuscule amount of gold (2,262 tonnes) relative to China state-owned gold (25-35K tonnes)
(2) China shall continue to use labour and brain work to exchange for gold and that every tonne earned would reside in China and not to get out
(3) Other precious metals might already or eventually be similarly embraced
(4) All leading up to 2028 / 2032 when China, Russia and USA shall get along famously because they would be the biggest boyz in this galaxy, and none able to do anything untoward to anyone else singly or in combination
(5) There would be no invasion by PRC against ROC, because one cannot invade against itself. There might be a palace coup, and if so, bystanders shall remain bystanders. Guessing 2030, smack dab in between 2028 / 2032
(6) At some juncture between now and 2028, say 2026, all domains on this planet shall realise one truth, that gold is strategic, in the sense that gold is a national security item.
(7) At some juncture we best be 100% in physical stuff, real estate, gold, silver, platinum, palladium, and paper certificates of holders and producers of same. |
