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Tuesday, May 07, 2024 7:54:28 AM
It makes good sense to me, and this should be the natural progression of what we should see going forward because as the gold price becomes more unaffordable for the average person, they still will want to get out of their ever decreasing in value fiat. Unlike the dummies here in the West, the people in China and most of these Eastern countries understand that owning physical gold and silver are necessary and important to their savings, so they buy it regularly. Almost no one owns physical gold or silver in the U.S., they think the dollar will save them. LOL
My guess on what China does financially with the U.S. will most likely revolve around their invasion of Taiwan. I would expect them to sell as many of their U.S. treasury holdings as is feasible for them to do BEFORE such an event might happen. I don't think Xi wants to be in the same situation that Putin and Russia are in currently and I would expect China to prepare for that prior to any Taiwan invasion. China doesn't want to have the U.S. still in control financially if they want to breakaway and do their own thing. That's paramount for them
I hear a lot of pundits speaking to a 2027 timeline on when the SHTF moment may come in a "war" event happening. I'm confident the PM's will continue their march higher as we move forward.
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