China will Increase its Gold & Silver Storage 180%
China will Increase its Gold & Silver Storage 180% this year, and when the Chinese eventually have enough gold underlying their currency, this game will be over. The clear message for western investors is that you better own some physical gold & silver soon, because the Chinese are accumulating both of these precious metals with unprecedented demand at present.
The Chinese are accumulating silver to put together an energy grid that is second to none, and they are accumulating gold to back up their currency. Right now the Chinese have 50,000 square meters of space to store precious metals, and they intend to add another 90,000 square meters to that capacity this year alone, a staggering 180% increase.
Imagine if gold was today included as a liquidity cushion in the event of a major catastrophe? Gold would probably be trading at $2,400 an ounce, and silver would be fast closing the gap on the gold/silver ratio, which currently hovers around 55 to 1. When fiat currencies eventually start to collapse, Gold & Silver prices will only then start on their journey towards the moon, with many western economies likely to stop functioning altogether.
We are now seeing total desperation on the part of the West, and the West is losing their heads in terms of strategic financial moves. The west is totally dedicated in keeping precious metal prices under control, in a bid to keep their fiat currencies looking still attractive to the masses, unfortunately these moves will also cause their eventual downfall in the future.
The Chinese are just sitting there and saying, ‘Thank you,’ to the West because they are buying the hell out of gold today at around $1,650 as they really don’t want to be paying $2,400, which is the price it really should be trading at. The west is currently proven to be manipulating precious metals prices, and they are playing right into the hands of the Chinese.
The west is by default, currently giving the Chinese all the time they need to get the Yuan totally backed by gold. China is a country that is literally spending trillions of dollars to build out, urbanize, modernize, and put together a wealth plan that Western countries will one day envy, because they truly recognize the monetary value of Gold & Silver, whilst the western societies financially start to crumble!
The Chinese know they need a stable currency to protect their nation in the coming years, and the only way to accomplish this is to own enough gold & silver to back up their currency. When China has achieved that goal, the West can kiss their economies goodbye forever, as China will then be rightfully recognised as the greatest and wealthiest nation of these modern times.