The Chinese Have A Jaw-Dropping $22 Trillion In Bank Deposits – What This Means For Gold & China Bears
kingworldnews.com / January 14, 2017
With continued propaganda about the demise of China, there is one problem with the bear case — the Chinese have a jaw-dropping $22 trillion in bank deposits. What this means for gold and China bears will surprise you.
Stephen Leeb: “A key premise of both Sun Tzu’s “The Art of War”, thought to be written in 514 B.C., and Donald Trump’s “Art of the Deal,” is that if you don’t know where you stand, you’re at a severe disadvantage. Unfortunately, this past week has suggested that Trump and his team need to fully understand where America stands with respect to some critical geopolitical issues. “Make America great again” was a slogan that resonated with a lot of voters. But it could prove disastrous if the incoming administration, in a severe misreading of where America stands today, conflates “great” with “dominant.”
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Source: http://silveristhenew.com/2017/01/14/the-chinese-have-a-jaw-dropping-22-trillion-in-bank-deposits-what-this-means-for-gold-china-bears/
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