China Official Central Bank Gold Reserves Will Shock The World.
China Official Central Bank Gold Reserves Will Shock
The World.
Oleh : SilverCoinNews
Transkripsi.
0:06.in many of my videos I go over
0:09.the biggest catalyst for called
that I personally see
0:13.happening in the future which
will be
0:16.something to do with the
central bank's wording gold
0:20.now if you guys haven't seen my
video called
0:24.wire are central banks hoarding
gold or put a link
0:28.up to that near the end of this
video but this
0:31.this Oracle is sort of a good
addition to what I was talking about
0:37.in that video so this is from
IB Times dot com
0:41.in its called China's central
bank may be stocking
0:44.up on gold so basically
0:49.China has not reported its
central bank
0:52.holdings of gold since April
2009
0:56.and that was 1,054 tonnes
0:59.now that's a long time span
from 2009 to 2014
1:04.they've been operating
completely in the dark
1:08.as to how much called their
central bank has been
1:11.wording we know that China
1:14.tells its citizens being
encouraged their citizens to
1:18.invest in physical gold and
they make it very
1:22.easy for them to do so so it
would be an understatement
1:26.to see that China has a
fascination with Colt
1:30.and reports like this that's a
the central bank may be stocking upon called
1:36.I the just provide some good
inside
1:39.into what could possibly be
going on
1:43.in China so see there's growing
appreciation
1:50.%uh indications that the
Chinese central bank has been accumulating called in
1:53.recent years
1:54.probably in significant quantities
1:58.there is no official data
2:01.at all on Chinese official
sector demand HSBC holdings
2:06.said in Li 2013
2:10.stressing the difficulty love
devising I cured
2:13.estimates here it is one of the
opaque
2:17.elements over the market China
may be buying called
2:21.today for Supply its foreign
reserve holdings
2:24.away from its heavy exposure to
the US dollar
2:28.which accounts for the vast
majority of its foreign reserves
2:32.China holds US Treasury bonds
worth 1.3
2:37.trillion dollars bloomberg
reported earlier this week
2:41.a new record China were diverse
a finder holdings
2:46.away from dollars two words
euros and then
2:51.of course the euro crisis
broker and there were questions about the
2:56.structural stability
2:57.or viability over the euro now
3:02.another thing that has been
going on in China
3:06.as a recently is is the big big
clean
3:11.room that started I guess you
could say
3:14.real relatively arm you know
3:18.earlier like it happened I'd
say around quite early November
3:23.is when the Chinese were really
opened up to the bed queen market
3:28.and I'm as we all know the
price
3:32.exploded from you know well
3:35.I don't even know where to
explode from but it went up to twelve hundred dollars
3:39.and the main reason for that
was the fact that
3:43.the Chinese were are given the
opportunity
3:47.to you easily in the best in
Brooklyn through the
3:50.BTC China that was you know
opening its doors
3:55.to to more and more Chinese in
doing more
3:58.advertising getting their name
hope their so
4:02.the huge been in bit Colin can
be attributed to
4:05.the Chinese just trying to put
their money somewhere
4:09.because the they're just
searching for some
4:13.safe place to you know to hold
their money
4:17.now don't get me wrong recording
at eight hundred dollars is not a safe
4:20.place to hold your money for
the time being
4:23.by its you know when it was a
hundred to hundred dollars
4:27.you know things real a lot
different so
4:31.bringing that over to gold goal
4:34.their gold demand and they're
called potato over the past few years
4:39.has been in the shadows all we
can see
4:43.is sort of what they allow us
to see on the surface
4:46.and what they're doing
behind-the-scenes
4:50.what they're doing you know
with their central bank
4:53.a how much they're actually
holding
4:57.is still to be seen and a lot
of people say
5:00.the biggest catalyst for match
5:03.a massive major gold explosion
5:07.in praise in the future is
wouldn't go
5:10.is when China finally comes
there
5:13.and the officially report how
much cooled
5:16.they have been wording over the
past few years
5:20.so as a way to end of all my
videos I'll leave this as a question to you guys
5:25.what do you guys believe china
has been doing with the gold
5:29.since 2009 so since the
financial crisis in the West
5:34.since I you know quality using
has just been blown completely out of proportion
5:41.since the old over one trillion
dollars
5:44.US currency reserves um
5:48.you know what is the effect
going to be on the gold price when they come out
5:53.and they told the world morley
shock the world
5:58.a with the realize Asian up how
much
6:01.gold they have actually been
holding over the past few years
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