*
*
*
Remember
Forgot password ?
Connect
Register for a free account
Sign in with Facebook
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 ...
English
French
Subscribe
Log in
Word, article or author
Company name, symbol
A mine, a project
Gold bullion
Silver bullion
Gold & Silver Prices in
Choose
Chinese
Hindi
English
Spain
Arabic
Thai
French
Deutch
FORUM
Gold and silver
Political, Dollar, USA
It's nice to talk about...
Physical Gold and Silver
Ebay, Amazon, Shop
Gold and Silver Mining
Technical Analysis
Gold and Silver currency
Numismatic
Economy - Stock - Property
Brainstorm
Gold and Silver ware
Announcement
Gold price handling
The best
The best places
24hGold
WORLD PM NEWSFLOW
All
Gold
Silver
Copper
Zinc
PGM & Diamonds
Other Metals
Oil and Gas
Uranium
Mining News
PHYSICAL GOLD & SILVER
Gold and Silver Data
Gold Bullion Prices
Ebay Gold Search Tool
Gold Coins Premiums
Silver Bullion Prices
Ebay Silver Search Tool
Silver Coins Premiums
RESOURCE STOCKS
Company profiles
Reserves and Resources
Projets, properties and mines
Production
Technical Analysys Tools
Latest Discoveries
Mining Stocks newsflow
Mining Stocks TrendPower
STATISTICS
Statistics by Country
Statistics by Metal
Precious Metal Price in 159 Currencies
Metal Prices
Market Indices
GOLD UNIVERSITY
Gold Essays
Analysts and Contributors
Commentators
Latest comments posted
TOOLS
Gold & Silver Converter
Graph Generator
Nissab and Zakat
Rss
USEFUL
Subscribe
Contact-us
About
Articles
NewsFlow
Gold & Silver Prices
Market Briefing
Recevez notre Marketbriefing
In the same category
Gold: A Surge Into Summer?
Stewart Thomson
Gold Stocks: Poised To Outperform Everything
Stewart Thomson
Dovish CPI: A Super Surge For Gold?
Stewart Thomson
The Anti-Concepts of Money: Conclusion
Keith Weiner
Gold Stocks: Good Times Are Here
Stewart Thomson
Gold Price Reaction: Key Zones To Buy
Stewart Thomson
The Recusant
Member since May 2012
113 commentaries
-
2 followers
2 followers
has posted a comment on the article :
This is how China moves the world to a gold standard!
- Andy Hoffman -
Miles Franklin
I question why "I too did not believe China would desire or even accept the responsibility of reserve currency status." Taking on that role enables a country enormous potentials for wealth and global economic control. And every country thinks they can do it better than the previous King of Currencies. The US supplanted Great Britain, who had taken over from Spain, who had...etc. Whether China will succeed in controlling the world's flow of wealth is unlikely. Greed and corruption soon spoil the best planned recipes.
They've managed to buy gold low and will drive the price right through the roof before it is all over for the USD. All the paper gold will be worthless while those poor languishing miner stocks and physical precious metal companies will skyrocket. The Big Banks will fail when COMEX papers come due bringing about the default of the USD. Got gold? 'Cause it'll be the salvation for many.
Commented
2396 days ago
Tweet
-
Send
Beginning of the headline :
We have watched for years as China grew in strength economically, financially and militarily. They have pre positioned themselves by making trade deals, setting up credit facilities and even an alternative clearing system to the West’s “SWIFT”. We also know China has been gobbling up global mine supply of gold for going on 10 years now. As I’ve written in the past, just using the back of a napkin, it can be surmised they now have hoarded 20,000 tons or more compared to the “supposed” 8,133 tons ...
Read More
Reply to this comment
You must be logged in to comment an article
8000
characters max.
Log in or Sign up
Dernier commentaire publié pour cet article
chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
Lire la suite
ferzi
- 20/04/2013 à 20:03 GMT
Note :
1
3
Top articles
MOST READ
Staggering Towards Another Minsky Moment - Hiding Out
-
Jesse
-
Le Cafe Américain
Pillaging for Profits
-
Jesse
-
Le Cafe Américain
Gold Price Reaction: Key Zones To Buy
-
Stewart Thomson
-
Graceland Update
The Bad Faith Olympics
-
James Howard Kunstler
Most commented articles
More...
Services
RSS feed
24hGold Mobile
Gold Data Center
Gold & Silver Converter
Gold coins on eBay
Silver coins on eBay
Technical Analysis
Fundamental Analysis