Thank you, People of China
Thank you, People of China, for buying these large amounts of precious metals in small quantities,which has initiated the resolving phase of the fractional banking abuse. It has been a peacefulrevolution in a currency war.It all started April 2013 at the time the gold cartel initiated the sell-off of 1300 tons of gold tomanipulate the gold price downwards in order to disrupt the gold market
. This however did notdiscourage the Chinese buyers, who immediately started buying whatever had been available for sale.It must be an impressive sight to see the vision of millions of clever and intelligent Chinese citizensto line up in rows to buy small quantities of gold, which started in the second half of April 2013. Ihaven't seen it, but it has been reported by numerous eye-witnesses:“Yesterday
, the Yangcheng Evening News reporter learned from the East flowers to Baystore, many growers, pork traffickers, fishmonger recently put down his job went straight tothe mall to buy gold”.The rush for precious metals has not been restricted to China, but also spread to other Asiancountries:"People are actually buying everything, gold bars, gold coins. People are rushing to get ahand on it. We have a problem meeting the demand because we are unable to get newsupply," said Brian Lan, managing director of GoldSilver Central Pte Ltd in Singapore”.Yes, this is a bullion bank run, and it is still running, but it is a straight track to prosperity. Massivedemand for physical has been reported by a great number of visitors in China. Talking over gold allChinese citizens seemed to be aware of the true face of fiat money and the value of preciousmetals
. This is a sharp contrast to western countries, in which citizens are being warned“predicting gold would decline in the second half of 2013, but said Wednesday the drop began earlier than expected and doesn't appear likely to reverse. Like others, the firm saidthe usual catalysts that have been bullish for gold during its run are no longer working
”.This of course is the standard deceit, which may be considered as the Ponzi strategy to manipulatethe market. It may have worked in the west, but did not convince the clever people of the east...
The final taper's effect
And yes, yesterday, the 16
of august 2013, the final taper's effect has been observed in the sell-off of bonds, stock and the dollar itself
. The final sell-off finally has been reached.Congratulations to the millions and millions of Chinese buyers, who persistently kept on buying themetals to get rid of the enslaving Ponzi scheme.And honestly, did you understand why at the same day some famous gamblers had the nerves to selltheir gold for some Apple and Facebook stocks
? Certainly none of the Chinese would be makingsuch foolish moves
13Unless the investors have sold their paper money to buy physical gold, which of course would have to be consideredas a clever strategy...