Capital War!

How To Bust The Buck, Or Why Gold May Be Rising?

Memo

From: China

To: BRIC Members

Title: Buy Gold!

Consider why the price of gold is testing higher, highs? China may be the catalyst, not rates cuts, nor Mid-East tensions, as the FT claim above. China has long laid clear her intentions in wanting to unseat the US dollar and destroy America’s currency hegemony, viz:

…we should promote the Renminbi to be the primary currency of Asia,

just as the US dollar first became the currency of North America

and then the currency of the World …

Every globalization was initiated by a rising empire …As a rising super power,

the ‘One Belt, One Road’ strategy is the beginning of China’s own globalization

… it is a counter-measure to the US strategy of shifting focus to the East.

Excerpts from a speech by Major-General Qiao Liang, Chinese PLA, April 2015