China’s gold hoarding vs. QE, gold & silver scarcity and price manipulation
- By : JanssenReportHost
- Category : Markets, Society
- Tags: #36
Today on The Janssen Report (#36): China has been hoarding gold for years while printing boatloads of currency. The balance sheets of their banks now exceed 25 trillion dollars worth of assets and we are not talking about hard assets here… (official non-performing loans are at slightly less than 1 percent).
What is going on there? Are they preparing to introduce a gold backed currency? Gold and silver will be playing an important role soon. I’ve covered the incredible gold price manipulation. Silver, however, is a quiet factor in the background, but we must not disregard its importance. Silver is becoming scarce quickly and there are numerous alternative sources covering this.
In this report I mention a few reasons why. I mention the war threat concerning Ukraine, as I feel it’s severely under-covered (and inaccurately portrayed) in the mainstream media. It will probably not turn into World War III, but the situation is tricky.
Keep thinking out of the box and educate yourself. Stay tuned!
Cheers,
Marco Janssen