- Jul 6, 2013
- Reaction score
- Political Leaning
August 5th official representative of the People's Bank of China (PBOC), published an article in a leading publishing Chinese market journal, which suggests that now would be a good time to convene a new "Bretton Woods" in order to create and implement a new reserve currency based on gold to replace the dying dollar. China owns more than 10,000 tons of gold bullion in reserves. They accumulate at a feverish pace since 2008. In fact, they are likely to accumulate with the era of Mao Tse-tung. Beijing's leaders decided five years ago to collect gold and overturn the United States, with its armada of money papier-mâché artisans and bankers,with engaged in espionage and the desire for hegemony. Some sources also told us that at the Kremlin, perhaps, lies the 20 000 tonnes of gold in reserves. They have gold as long as that of the Vatican. Orthodoxy has a large gold reserve in Moscow.
Power comes from the east, along with the gold. Approaching a new chapter. More details here - China