“No one can know with any degree of accuracy when China will officially announce its gold reserves. I went out on a limb and said China could do that by April 24, 2014, since the country has a fetish for doing things in increments of five, and that date was five years after the previous announcement. But the reality is China could shock the world at any moment with its gold holdings. Focusing on a wrong date, though, is like faulting Shakespeare for misplacing a comma — you’re blind to the far-greater message: that China is cornering the market in gold because of a dramatic revision to the global monetary order that we all know as normal.”
http://thesovereigninvestor.com/2014/04/30/hoarding-gold-chinas-plan-survival/
Related posts:
Mali to Ban Native Gold Mining ... Was Jim Willie Right About French Gold Seizures?
Mother charged with baby's murder over prescription drug-laced breast milk
Paulson Offsets Gold Bullion ETF Sale with Gold Swaps
This group of Houston gun owners celebrated Independence Day the best way possible
Russia to ban cash transactions over $10,000
European Court of Justice Official Proposes Bitcoin VAT Exemption
Lonely Jeremiahs
The Biggest Opportunity for Americans to Reduce Their Taxes
Report Predicts Increase in Sales of Private Greek Islands
11 Years After 9/11, It's Time to End the War on Terror
Japan Ramps Up its Monetary Race to the Bottom
Lew Rockwell: A Political Shift in America
CIA sneaks undetectable ‘malicious’ implants onto Windows OS: WikiLeaks
Americans Can Still Benefit from Tax Havens
It Is Now Common Knowledge That US Drones Bomb Civilian Rescuers