China's Gold Rush - Xi Prepares for “Worst Case Scenarios”
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In this week’s episode of Live from the Vault, Andrew Maguire discusses the latest market catalysts that are capable of triggering a global gold reevaluation event, as a result of the ongoing paper versus physical gold showdown. The precious metals expert delves into the underreported decision of the People’s Bank of China to start preparing its 1.4 billion citizens for opting out of the dollar and into gold, explaining how this will impact the gold’s supply, demand and price. 00:00 Start 01:25 Gold price reevaluation event 04:35 The two primary tools the fed use to manage their wrong-footed paper bets 06:20 The little-reported move by the People's Bank of China 09:15 The threat of war 10:55 China opting out of the dollar hegemony 13:45 Triggering the reevaluation of monetary metals 18:15 China tightening paper gold’s noose 29:00 The tool the casino uses to rig the tables Learn more about Kinesis by visiting our website: https://kinesis.money/ Twitter: https://twitter.com/KinesisMonetary Facebook: https://www.facebook.com/kinesismoney/ Telegram: https://t.me/kinesismoney Reddit: https://www.reddit.com/r/Kinesis_money/ Kinesis Forum: https://forum.kinesis.money/
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In this week’s episode of Live from the Vault, Andrew Maguire sounds the alarm on China’s advanced dedollarisation progress, and sheds light on the market drivers of gold demand that you won’t hear about in the mainstream media.Outlining what to expect from the end of this year’s second quarter,...
Published 05/31/24
Published 05/31/24