The Chinese And Maginot Gold Lines

There are critical moments in time that can change history. This week I will talk about two lines which are extremely important, as these two lines will change the world for years to come. The first is a Chinese Gold Line which is linked strongly to China’s history. That line has an important connection with what will happen in the world in the coming years. The second line is a Maginot Gold Line which will also shape the world for many years or even decades.

The history of China and gold is fascinating and even more so when Japan’s looting of Chinese gold is added to the story. Japan was interested in the Chinese gold since the Sino-Japanese war in 1894. Japan spent time and resources on the Manchurian gold exploration from that time to the end of WWII. Japan is said to have looted considerable amounts of gold from mines in Northeastern China. Not only that but in 1937 as the Civil War in China was raging and Mao and the communists pushed Chiang Kai Shek out, the Japanese invaders stole 6,600 tonnes of gold from the Chinese capital Nanking. This is a lot of gold! The value today would be $280 billion.

THE US GOLD IS IN CHINA

The US is allegedly the biggest gold holder in the world with 8,000 tonnes. But as I wrote in a recent article, most of that gold is probably in China and in the rest of Asia as the US has disposed of or leased most of its gold. The US will of course never get back the sold gold and whatever they have leased is also gone forever. The Fed and most central banks lease gold to the market to earn a return. This gold used to stay in London or New York with the LBMA bullion banks. But today Silk Road countries, including Russia, buy all the gold they can get hold of. Thus the LBMA banks give the central banks an IOU and then sell the physical gold to the East. For the central banks, that gold is gone forever. The LBMA will never find sufficient gold to hand the gold back to them and thus that paper gold IOU is totally worthless. This means that the LBMA banks will fail as they can’t make good their physical gold commitments. And the central banks’ vaults will remain empty, leading to a collapse of the country’s currency and a surge in the gold price.

THE YAMASHITA GOLD

The 6,600 tonnes that Japan stole from China became part of the Yamashita gold. This was gold and treasures that Japan looted all over Asia from China, Korea, Indonesia, and Malaysia.

1 2 3 4
View single page >> |

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.