OF THE
TIMES
We'll know our disinformation program is complete when everything the American public believes is false.
I like watching the near death testimonies on [Link] and on:[Link]
I can see this coming soon to a country near you. Anyone who does not comply will be accused of violating someone else's rights.
Play in the dirt you're gonna get dirty. Quit whining and take your well-deserved lumps. LOL
Ukrainian President Vladimir Zelensky [Link]
Ah, the old game of who's dick is bigger. Poth parties came out of the pool, looked down and said, let's do this later.
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...are rather low. Koos Jansen is the best analyst for Chinese gold imports and they show the Chinese people importing over two thousand tonnes for the past couple of years with 2015 figures already looking to increase this. The above figures look like they come from the World Gold Council who seriously underestimate them.
Currently it is almost certain that the "chinese" - people and government hold in excess of 16,000 tons. Some analysts, e.g. Alisdair Macleod suspect the real figure could be higher than that.
It is still not clear what the Chinese are going to do with all this gold and it may not yet be clear to them.
They could back the yuan with gold but that is unlikely as they want to keep the yuan low to help exports and holding their empire together. They might use the gold to lever the yuan down in support of this objective. They might independently of the WB/IMF start a new global reserve currency with Russia and the rest of the BRICS backed by gold, silver and those dollars outside of the USA (so dollar holders outside the US are not disadvantaged by the dollar collapse). This would force multilateral support across the world and precipitate the collapse of the dollar and the US economy and empire. In fact the position of the USA is now so parlous that its increasing efforts to impose its global hedgemoney might precipitate such an action as the supreme form of defence.
Of course they will probably just go on and do something boring like get the yuan incorporated into the SDR basket...