Will China Revalue Gold's Price?

[Smaulgld]

What Might Derail the Fed's Hegemony over Interest Rates and Gold and Silver Prices

Revaluation of Gold by China or Russia?



100:19 perhaps a Chinese or Russian unilateral revaluation of gold, like the US did in 1933, or a refusal to accept dollars, might do the trick.


One way China or Russia could increase the value of their reserves without having to buy more gold is to revalue the price of gold. The US/London market may not respect the price but sellers would sell their gold to the Chinese and other eastern exchanges to get the higher price, thereby giving the east more gold and more pricing power over it.



Podcast Summary:
https://smaulgld.com/fed-calls-bluff...nterest-rates/
http://youtu.be/I_4lnrEGoe4

[Ronin Truth]

Don't piss off the US owner and puppetmaster Rothschild.

[AFTFNJ]

Don't piss off the US owner and puppetmaster Rothschild.

But Rothchild is not listed on the reserveless bank website I can't find him any where in the FAQs so it must not be real!

[Ronin Truth]

But Rothchild is not listed on the reserveless bank website I can't find him any where in the FAQs so it must not be real!

Is "City of London" referenced anywhere?

[AFTFNJ]

Is "City of London" referenced anywhere?

Awww shucks its not mentioned either. Don't get mentioned on the idiot box either these be those pesky conspiracy theories!!!

[Zippyjuan]

What Might Derail the Fed's Hegemony over Interest Rates and Gold and Silver Prices

Revaluation of Gold by China or Russia?



100:19 perhaps a Chinese or Russian unilateral revaluation of gold, like the US did in 1933, or a refusal to accept dollars, might do the trick.


One way China or Russia could increase the value of their reserves without having to buy more gold is to revalue the price of gold. The US/London market may not respect the price but sellers would sell their gold to the Chinese and other eastern exchanges to get the higher price, thereby giving the east more gold and more pricing power over it.



Podcast Summary:
https://smaulgld.com/fed-calls-bluff...nterest-rates/
http://youtu.be/I_4lnrEGoe4

China can only "revalue" gold in terms of its own currency- by revaluing the yuan. They can't change the global price of gold unless they sell off a ton of their holdings on the open market- something I don't think very likely. They want to keep the value of their currency high so their exports are cheap enough for other countries to buy. That keeps their masses of people working and not restive.

[NorthCarolinaLiberty]

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Ah, there you are, Zip. So you never answered the other thread about gold. What about that friendly wager? Loser leaves the forum. For good.


Bet?

[cubical]

The US and the EU hold a large majority of "official" holdings. Revaluation will come from one or both of them, not Russia or China.

[Ronin Truth]

Awww shucks its not mentioned either. Don't get mentioned on the idiot box either these be those pesky conspiracy theories!!!

https://www.google.com/search?hl=en&...35.IRgZc8x3Wrw