Gathemia, Countries buy gold before going into war. When shit gets real, everyone wants his gold back and begins saving up more. But more seriously Putin and his BFF China are stockpiling gold as part of a strategy to remove the dollar as the worlds preferred international trade currency. Simply put, when the US dollar comes clashing down you dont want to have billions and billions of US dollars in the bank. What you want to have is gold as you wait for the next cool paper to show up. Now the next cool paper will normally come from the guy who decides to wear the big boy pants like China. This is already happening as more international trade is being done with the Yuan. Earlier this year, Germany realized hell will break loose. What happened? Germany asked US to bring back all its gold locked up in US Federal Reserve. US returned just around 5% of Germanys gold and told them to shut up they will sort out the mess later in like seven years. This came after some German Officials from BundesBank (Germanys central bank) demanded to see their stored gold bullions- USA told then Nop, you cant see your gold at this time bla blah blah hehehe. Connect the dots and you will see why the US tries so desperately to back its dollar using Oil then pushes down the price of gold ;-) Someone may have ran out of gold- anyways, Germany stockpiled there gold by shipping back what they had saved up at Banque de France in Paris. If you look at it clearly you will realize every serious country in the world is stockpiling gold right now, nop not Kenya, in Kenya we are busy listening to politicians talk the usual nonsense on nominations and elections and radios that talk about who slept with who all day- then read you news about nominations). Whoever has the Gold gets to wear the Bigboy pants, its easy to believe US still has the most gold stocked up at Fort Knox, so they still get to make the rules BUT, when Russia and China start stockpiling and US is apparently unable to Return German Gold, you know that something is not very real at the US Federal Reserve and Putin knows it. China woke up one day and promised to buy oil with Gold backed currency and not an oil backed currency. Iraq, Libya, Tunisia, Syria accepted the deal nodding their heads like they had just been promised breast milk. What happened next? They all got their asses whopped by NATO like a bad school kid in a headmasters office. It is really stupid to take a piece of paper in exchange for gold, Russia and China know that, but our CBK over at haile Selassie avenue still gives away gold for some pieces of paper called the US dollar. Even more bizarre is what CBK will do with all those dollars when the Hammer goes down. In the meantime China and Russia are on a Sell the Dollar, Buy the Gold rampage. Gold is Insurance Gathemia, just like in the way you buy insurance for your car so that when you roll down him, you will still get another car and whoever has the most Gold is King. No Offence to my american friends here, I still love the greenback.
Posted on: Mon, 29 Dec 2014 08:01:01 +0000
Trending Topics
Recently Viewed Topics
© 2015