Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
ArticlesNewsFlowGold & Silver PricesMarket Briefing
In the same category

CHINA CORNERS GOLD MARKET - The Vaults Are EMPTY!

IMG Auteur
Charleston Voice
Knology
Published : March 17th, 2014
209 words - Reading time : less than a minute
( 5 votes, 4.6/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Disclaimer
Category : GoldWire

Our discarded opinion is for gold strategists to watch the Goldman Sachs' China banking syndicate under the Rothschild ICBC Bank.

March 17th, 2014



 via investmentwatchblog

 Writer and researcher Alasdair MacLeod from GoldMoney.comjoins us to discuss the situation in the Ukraine, and the Ukrainian gold bound for China (or Germany) by way of the United States. Alasdair notes that the Ukranian gold reserve is only 33 tons – which is less than ONE WEEK of demand by the Chinese pubic.

 Alasdair says the western powers have been checkmated by China which has CORNERED the gold market and DRAINED western bullion bank vaults. Alasdair says that through 2013 the gold has been supplied by the Central Banks,  but now “the vaults are empty and China knows this. Russia knows this.”

 Alasdair says the situation in the Ukraine could lead to the financial equivalent of nuclear war: “This is why I think the developments over Ukraine are so very, very important. If we want to take them on in a game of chicken, they have got us. There is nothing we can do. We’ve got NO GOLD. They could drive up the gold price to $10,000 tomorrow and there’s nothing we could do about it. It would BANKRUPT the western banking system.”
Data and Statistics for these countries : China | Germany | Russia | Ukraine | All
Gold and Silver Prices for these countries : China | Germany | Russia | Ukraine | All
<< Previous article
Rate : Average note :4.6 (5 votes)
>> Next article
All the stuff you don't want to know about, but should. And, when you do know, you realize that for the present you are powerless to change it This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, send an e-mail to the author with 'SUBSCRIBE' in the subject line.
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
MOST READ
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Gold Editorials | Gold Resource News | Gold Fundamental | Gold Discoveries and Drilling Results | Gold Exploration and drilling | Gold In the News and Medias | Gold Most Read Press Releases | List of Copper mining companies | List of Lead mining companies | List of Nickel mining companies | List of Zinc mining companies | List of Gold mining companies | List of Silver mining companies | List of Platinum mining companies | List of Diamonds mining companies | 金銀市價 | सोने_की_कीमत_और_रजत | Precio del oro y plata | أسعار_الذهب_الفضة | ราคาทองคำและเงิน | gold und silberwechselkurs
Contact us Privacy policy Disclaimer About us
copyright 24hGold