China is playing this game like Bobby Fisher played his greatest match with chess; low key and every move had a reason with results. Then ..... bang; checkmate!
China’s accumulation of gold is shrewdly hidden and only speculated on the actual amount they have bought. The only real resource of information is the ones that Hong Kong and Singapore provides us with. Even those stats could actually be very ambiguous.
Why would China play any other way? The greater the audience; the more competition, you're creating a center of attention. Exactly what they would like to avoid; staying under the radar gun.
China understands that gold currently is undervalued. This is an absolute fact for the reasons they are accumulating gold at a petrifying rate, with a low profile of attention. Buying gold at under $1,200 - $1,300 an ounce, will be a bargain years down the road.
Why China will surpass India as the world leader of Bullion Gold in the world. They have a scheme, system that is structured to guide and direct them with every move and purchase they accumulate each and every day of the year.
They have the power and capital to achieve this feast, indulge and like carbon monoxide, there are silent killers in this progress of accumulating mass fortunate’s of bullion gold. See China understands numbers, they are an international language.
Think of this example, if China decides to dump just only 10 percent of their U.S. Treasury Holdings which works out to approximately $100 billion worth in exchange for gold. Let’s say gold for this example, is at $1,000 an ounce, which would work out to approximately 2,840 metric tons of gold. This means they would own more than 1/3 of the U.S. official gold holdings.
Now that is what l call power! China would be able to dictate the value of gold, once they announce how much of the global asset gold they have possession of. Now that should actually make you think!
To illustrate another example that could happen, who really knows when, within 90, 120 days or even six months down the road? The authenticity is that this will materialize where we will see gold at perhaps or if not greater than $4,000 per ounce along with sides kicks oil at around $350 - $400, silver at $80 - $100 and all other assets such as copper, corn, wheat and everything else also on the rise.
Hyperinflation is already here as we have all witnessed, whenever we buy, purchase or invests on anything, all you need to do is compare that item to what it was worth a year ago.
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This is how l teach my partners to become part of this asset!!
This is my "WHY" in life, why l do it!
The last comment is what will make you a leader and successful, it's really the hardest to figure out, all the best... it's the area only you can decide... why it is the hardest...
This is how l teach my partners to become part of this asset!!
This is my "WHY" in life, why l do it!
The last comment is what will make you a leader and successful, it's really the hardest to figure out, all the best... it's the area only you can decide... why it is the hardest...
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All the Best,
Joseph F. Botelho One Gram at a Time
Joseph BotelhoFollow @jfbmarketing
"Pay Yourself First Because the #Economy that Matters Most... is the One in Your Own #Home" https://t.co/wo7XWWjaFZ pic.twitter.com/VSVAtkJ6El— Joseph Botelho (@jfbmarketing) January 19, 2016
