China asked Hong Kong for their Gold

Started by abduLMaria, September 04, 2009, 06:18:33 PM

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abduLMaria

earlier this week it was reported that China has cancelled some derivatives contracts.

when i first heard that i thought, "yeah, so ?"

what else has gone on this week is that the price of gold has breached the $1K barrier.

in other words, the currency that finances the Zionist crimes and dreams is showing some serious signs of collapsing.  the US $ devaluation that so many people have anticipated based on all the dollars the US is printing appears to be occurring NOW.

China has asked for their physical gold.  Hong Kong is having trouble delivering it.  That is a sign that they have turned around and re-sold it.  This is related to the Comex and gold futures markets - markets that are manipulated by Goldman Sachs et al to prop up the value of the dollar.

LONG STORY SHORT - the Zionist banking system has been hit by a medium sized earthquake.  Hong Kong is scrambling to re-assemble the China government's gold stash, and this buying activity is pushing gold into the $990 - $1000 range (per troy ounce).

the uncertainty is also one of the forces pushing up the price of gold - until Hong Kong delivers the gold China had in their vaults, other central banks around the world get nervous.  Germany has also said they wanted their gold back.  they kept it in American banks - in New York City - where it was watched over by the Banksters, just the people you want guarding 3000 tons of gold.

supposedly Germany kept their gold in NYC because they didn't want it to be seized by Russia during the Cold War.  when Germany, earlier this year, said, "we'd like to keep our gold in our own vaults", it went fairly smoothly.

for China, it's not going smoothly.  they have cancelled some commodities contracts as part of the process.

http://www.reuters.com/article/rbssF...ealEstateNews/
idUSSP47327420090831?pageNumber=2&virtualBrandChannel=11604

will update with more URL's as they become available.  i guess this is "breaking news".

personally, i wouldn't mind seeing the Zionists have trouble financing their war-games.   8-)   although i'm sure they can be very nasty & whiny when their pyramid scheme (e.g. the Federal Reserve) hits some serious speed bumps.
Planet of the SWEJ - It's a Horror Movie.

http://www.PalestineRemembered.com/!

Ognir

Quotei wouldn't mind seeing the Zionists have trouble financing their war-games.

For the moment, they print the money
Most zionists don't believe that God exists, but they do believe he promised them Palestine

- Ilan Pappe

abduLMaria

there's also talk of China being long physical SILVER (which means they've been buying physical silver) and short paper silver (commodities futures contracts).

and that China has defaulted on some of their silver related contracts.

either way, both gold and silver popped up to approx. one-year highs this last week ($990+ for gold, $16+ for silver, that's per troy ounce).

definitely a work-in-progress.
Planet of the SWEJ - It's a Horror Movie.

http://www.PalestineRemembered.com/!