/biz/ - Business & Finance

>>58337511
totally false and you're over 40 years behind the curve moshe

>>57005790
>Literal nothing burger
That's what our overlords want to think.

>>56917944
>2015 graph
Never use that graph again here, it is massively out of date and it has been repeated ad nauseum that China is likely to be hording more gold than it is officially declaring. Save this article and study it.

>>55855661
It is speculated that China isn't reporting its real gold holdings, at least for the time being because it's not advantageous to do so right now. Also debt means nothing when you hold the monopoly on violence and the fiat printing machine itself.

>>55506248
Yeah.... about those numbers, they're out of date.

>>55353189
>China is fucked economically and demographically.

You bloody well know it's more complicated than that. The reality is that when you remove the fiat numbers bullshit, China has a much bigger manpower economy with the factories to back it up. That's what happens when you de-industrialize, you're more about consumption than production.

Anyway, the situation we have now isn't going to be the situation in the next ten years. Economies are slow turning ships and the west is already in the process of building nuclear power plants to bring those production factories back home. Will it be enough? I dunno. I just know that this game of empire is a race against the clock.

>>54961338
>>54961717
That graph is from 2019. The world has changed since then. It is speculated that China has over 31,000 tons of gold. The reason it's not declaring it because it isn't advantageous to do so right now. When BRICS is up and running, expect China to reveal its official figures.

>>54812366
Anon, that chart is well out of date. Read this to understand just how fucked the United States is if this all turns out to be true.

TL;DR

China probably has over 31,000t of gold, just undeclared right now. Revealing that data now could rock the world economy that might put China at a disadvantage due to BRICS not bring fully operation right now.

>>54424114
Grassroot goldbugs are saying that China now has the most gold holdings on the planet, over 30,000T when you look at their gold imports and the gold mined within China which never gets exported. This leads to the question why China hasn't revealed this with speculation being that it would rock the balance of the global economy that isn't in China's favour right now. This means they're are preparing to reveal their true holdings when the switch to BRICS is ready.

This is a good read.