It’s no secret that China and Russia have been stashing away as much gold as possible for many years.
China is the world’s largest producer and buyer of gold. Russia is number two. Most of that gold finds its way into the Russian and Chinese governments’ treasuries.
Russia has over 2,300 tonnes—or nearly 74 million troy ounces—of gold, one of the largest stashes in the world. Nobody knows the exact amount of gold China has, but most observers believe it is even larger than Russia’s stash.
Russia and China’s gold gives them access to an apolitical neutral form of money with no counterparty risk.
Remember, gold has been mankind’s most enduring form of money for over 2,500 years because of unique characteristics that make it suitable to store and exchange value.
Gold is durable, divisible, consistent, convenient, scarce, and most importantly, the “hardest” of all physical commodities.
In other words, gold is the one physical commodity that is the “hardest to produce” (relative to existing stockpiles) and, therefore, the most resistant to inflation. That’s what gives gold its superior monetary properties.
Russia and China can use their gold to engage in international trade and perhaps back the currencies.
That’s why gold represents a genuine monetary alternative to the US dollar, and Russia and China have a lot of it.
Today it’s clear why China and Russia have had an insatiable demand for gold.
They’ve been waiting for the right moment to pull the rug from beneath the US dollar. And now is that moment…
This is a big problem for the US government, which reaps an unfathomable amount of power because the US dollar is the world’s premier reserve currency. It allows the US to print fake money out of thin air and export it to the rest of the world for real goods and services—a privileged racket no other country has.
Russia and China’s gold could form the foundation of a new monetary system outside of the control of the US. Such moves would be the final nail in the coffin of dollar dominance.
Five recent developments are a giant flashing red sign that something big could be imminent.
Warning Sign #1: Russia Sanctions Prove Dollar Reserves “Aren’t Really Money”
Wait until you find out how much the US Corporation no longer owns. If you people would start doing some research we could move this along and get our Real President as well as who and what he has coming with him.
Just wake up and start researching, just pick any subject I guarantee you will find it is not how you thought it was.
There is so much out there that we have been lied to about and truthfully the info is out there and it might take some time to get it confirmed but eventually that always shows up too.