Sunday, June 05, 2016

The Difference Between China & U.S.?
China's Central Bank Encourages Its Citizens To Own Gold
U.S.'s Central Bank Discourages It
[Americans can simply rely on Social Security .. right?]
Article highlights the distinction .. Andrew Maguire: “China now has gold investors’ backs. As a key part of its plan, China is building up gold reserves both by way of direct, unreported PBOC (People’s Bank of China) purchases, and much more importantly, openly encouraging citizens to build up their gold investments .. I drew attention to a new push by Chinese officials a few weeks back after a contact alerted me to prime time television ads being run in China where the PBOC was openly encouraging its citizens to buy gold. This gold accumulation push is part of a well structured plan by China that will protect its citizens against the inevitable global currency fallout. China is stealthily winning a financial war against the short-term thinking West."
LINK HERE to the article

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