China is hoarding gold

China is hoarding gold

is China returning to the gold standard?

china.png - 839x907, 202.78K

they’re returning to BANCOR

Stinkjeets shilling garbage rocks

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This poster is a jewish poojeet named jesse aka iqdelet and hes in the red on his btc gamblings.

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This poster is an Indian poojeet named Ramjeet aka iqdajeet and hes not in the red on his btc garbage rock because he only gets paid 3 cents and owns nothing

Hes down over 30% and spends 23 hours a day on PMG posting like a jewish poojeet

You can see for yourself how crypto marketers dont sleep, they just beg for you to buy crypto 23 hours a day, in shifts. jidf losers btfo

This is what jesse aka iqdelet the jewish poojeet looks like. He also draws fag frog cartoons depicting sodomy because hes a jew loser.

More of his spam attempts on that day he changed his id so many times then spammed even more with each one. Unironically had he not dollar cost averaged into a volatile asset like a retard, he might have broken even, but hes down over 30%. Also hes a jewish homosexual

No they are planning for war
Russia did the same thing in the run up to its invasion of Ukraine

Hes down over 80% on garbage rocks and spends 23 hours a day on PMG posting like a dalit incel poojeet here's some of his spam That he does for three cents

Iqdajeet worships Peter Schiff and melts down every day when he loses 3 cents because he doesn't get a you

iqdelet spends 24 hours on Anon Babble fishing for (You)'s with over 40 posts daily in a single thread alone and doesn't get any
the jeet is seething hes not getting paid 3 cents per (You) cus he cant get any

is China returning to the gold standard?

No.

Finally someone else who sees where this is all heading.

4 IP addresses from Tel Aviv ITT

UH OH

The spammer used to be on xsg for about 2 years.
He will bake all new threads, if someone else tries to bake he will bake the next thread early.
He will use multiple IDs to agree with himself.
He will change the png thread numbers.
At least you guys are on to him early.

t. Xi Jiping

What the fuck does that mean?

Imagine believing that Bitcoin is a secure store of value when backdoors have been known to exist since 2013. Bitcoin maxxis are delusional.

oh heck, backdoors? NO WAY

It's to prevent usa from going to gold standard

the over the top gloat

That is the reddest baboon ass of bottom signals right there

k go all in on buttcoin, faggot

The original Bancor proposal is actually exactly what would have been needed to prevent this China/US dispute. There would not have been one country with a reserve currency (like the US), but a common reserve currency that everyone uses. There would still have been national currencies like the dollar, they would have been pegged to the Bancor. But in a flexible manner that appreciates/depreciates based on trade deficits.

It would solve the Triffin dilemma and it would help rebalance trade. Of course no Trumpie would ever consider this because it came from Keynes and lefties like Keynes so it must be bad and because it must be managed supranationally which means "muh globalists" are in control which is also bad because Klaus Schwab has a funny accent or something.

It's all so fucking tiresome.

buy high, sell low

I already am, faghot

they want to put the rocks back underground

A gold standard would invalidate their currency strategy.
Gold is actually used in electronics so buying now before they print the yuan away is a good investment.

Returning to the Gold standard would make the Yen too valuable to continue their export empire and it would make manufacturing way more expensive there too
They would need to be ready to switch to a new type of economy before switching to the Gold standard and this would happen under two conditions
-Major war where hundreds of millions of Chinese die
-They change their economy slowly at a huge cost as there will be no returns until deals are made

Them buying gold is realistically a way for them to hold value during the trade war.
And when its over they don't have to sell the gold just send it to their factories for plating technology

looking at the binance square to begin with despite 99% of activity over there being just bots or engagement bait

SHOULD THE U.S. COUNTER WITH [THING I BOUGHT]!?

lmfao. i think the us should counter by buying BUTT COIN. go fuck yourself.
i unironically don't really know what's up with gold, to be perfectly honest. i know it's used to make computer hardware, but nowadays companies only use like 2 nanograms of gold dust for it, the rest is made with some cheap material they use to lease the gold with, getting a good enough result. that's it. otherwise to me gold is just retarded rocks made to make mildly expensive, luxurious items and trinkets. i need to be redpilled on it because somehow it keeps growing in value for some reason, there must be something obvious i'm missing.

surprised this hasnt been posted yet

gold is an actual, non-meme store of value
people buy it during times of economic uncertainty, like right now

Amazing that a clinically retarded anon got access to this info. I mean, why would this cabbal share it?