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Gold War: China’s SECOND Announcement of More Gold Reserves

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China is angry (at the West) that much is clear. China has now made a series of “shocking” announcements, and made dramatic moves with its economy, two acts which are totally atypical of the general approach from Beijing. China generally acts in a very discrete, understated manner, which does not attract attention to its policies, both political and economic.

The source of its anger is easy enough to identify, the economic terrorism perpetrated against its economy by Western bankers, and discussed previously. What is far less easy to discern is its precise intent in making these overt and (for China) bold moves. In other words; China is “sending a message”. The task for the Alternative media is to decipher that message.

A review of recent events is necessary, as this chain grows longer and longer:

1)  China makes a voluntary disclosure of an additional 600 tonnes of gold as part of its official reserves. The announcement was generally considered “surprising”, and some commentators have suggested this was a provocative gesture directed at the West (or more properly, retaliation for the terrorism referred to above).

2)  China “suspends” the trading accounts of dozens of U.S. traders, in relation to the (extremely suspicious) bubble-and-crash in China’s stock market. It publicly announces it is investigating these traders for “manipulating” China’s stock market (illegally) using the banksters’ infamous computerized trading algorithms – the same abomination/crime which has been regularly discussed in previous commentaries.

3)  China makes a “shocking” announcement of an official devaluation of the renminbi of nearly 2%.

4)  China announces an even more-shocking, second devaluation of the renminbi – a day later.

5)  China makes a second announcement of a (much smaller) increase in its official gold reserves.

Unprecedented, for China. While the West’s puppet governments engage in extreme and reckless acts on a regular basis (reflecting the psychopathic nature of their Master); China acts in a measured, sober, and non-confrontational manner. Not any more.

Again, this begs the question: what is China’s “message” here? The first topic/event has already been thoroughly discussed (and analyzed). The second event was the specific topic of a recent commentary, so nothing further will be said here on that subject. It is when we get to events (3) and (4), the back-to-back devaluations of the renminbi where divergence of opinion on China’s intent begins to widen.

The mainstream media calls this a “currency war”, so we can reject that explanation, as the Corporate media oligopoly rarely provides us with honest/legitimate analysis of events. The same commentary (above) has also explained how currency devaluation is highly self-destructive, and nothing more than a short-term bandaid. It is inconceivable that China would consider such a “war”.

This leaves two possibilities. Either this was a short-term bandaid intended as a response to the bubble-and-crash of its stock market perpetrated by the One Bank, or it was a preemptive move, in anticipation of even greater (global?) economic havoc, in the near future. These are possibilities which, unfortunately, can only be answered and separated in hindsight.

This brings us to the final event in the chain: China’s second announcement of an official increase in gold reserves. Here it is first necessary to provide readers with the “rules” regarding the disclosure of a nation’s gold reserves, as was done in a recent interview.



Source: http://bullionbullscanada.com/index.php/commentary/gold-commentary/26640-gold-war-china-s-second-announcement-of-more-gold-reserves


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