Rate hikes happened, and gold didn’t rise—instead it fell. Do you think this is normal market behavior?
The truth is, some country is smashing gold to death at any cost.
The United States itself is the world’s number one gold seller.
From January to May this year alone, it sold a whopping $64.4 billion worth of “non-monetary gold”—more than double the same period last year;
In the first quarter, gold directly became the United States’ #1 export product, accounting for 7.47%.
What does that mean? In the world’s strongest country, the #1 export is gold.
If you hide the country name, I’d think we’re in Africa; if you hide the year, I’d think we time-traveled back to the Qing Dynasty.
So it looks like the U.S. alchemists have all been officially promoted?
But what is the public arguing about? They talk every day about Turkey selling gold and crashing the gold price.
The U.S. has been selling from last year until now. It sells more happily than anyone else, yet hardly any media are loudly barking about it. Finance runs on expectations; expectations are driven by public opinion; public opinion depends on the media—so which outlet is strongest? If you know, you know.
Then why does the U.S. smash gold while raising rates? To create panic that “gold is about to become cabbage price.”
Do you think rate hikes can really pin the gold price down? Actually, it’s just the gold in some other country’s vault being dumped out at low prices.
If you look deeper: Germany and Japan’s gold held by the U.S. suddenly can’t be retrieved.
Guess why they don’t allow withdrawals? With that little backing in the vault—once you take it, it would be exposed.
So what’s that old Chinese doing over there? One word: buying.
You smash as much as you want—I’ll take as much as you can.
You’ve got the problem, and I’ve got the remedy—let’s see whether you can deliver faster or I can consume faster.
I bet the amount I eat is far greater than the amount you give.
Why bet like that?
First, Germany and Japan’s gold can no longer be withdrawn—that shows the U.S. has something to hide.
Second, just a few days ago, it suddenly announced a ban on China buying gold. You say “gold supply exceeds demand, and prices are artificially inflated,” yet you ban the biggest buyer—doesn’t that just amount to covering your ears while stealing a bell?
You’d better hope I go buy U.S. Treasuries. I dumped gold at a discount just to get you to take the bag—but you went straight to the bottom and bought gold, and did it so loudly with central bank purchases. They didn’t even try to disguise it.
The U.S. is furious, but it has no way out.
So whether they raise rates in October is basically irrelevant.
What matters is: as long as they announce rate hikes, they will keep selling gold.
This move originally worked pretty well, but once “ban China from buying” came out, everything was exposed.
Smart people all over the world have seen it clearly: no matter how much you can smash or sell, you definitely can’t outmatch what the Chinese can buy and swallow.
Next step? Do we even need to ask? Stay firmly bullish on gold. #黄金
The truth is, some country is smashing gold to death at any cost.
The United States itself is the world’s number one gold seller.
From January to May this year alone, it sold a whopping $64.4 billion worth of “non-monetary gold”—more than double the same period last year;
In the first quarter, gold directly became the United States’ #1 export product, accounting for 7.47%.
What does that mean? In the world’s strongest country, the #1 export is gold.
If you hide the country name, I’d think we’re in Africa; if you hide the year, I’d think we time-traveled back to the Qing Dynasty.
So it looks like the U.S. alchemists have all been officially promoted?
But what is the public arguing about? They talk every day about Turkey selling gold and crashing the gold price.
The U.S. has been selling from last year until now. It sells more happily than anyone else, yet hardly any media are loudly barking about it. Finance runs on expectations; expectations are driven by public opinion; public opinion depends on the media—so which outlet is strongest? If you know, you know.
Then why does the U.S. smash gold while raising rates? To create panic that “gold is about to become cabbage price.”
Do you think rate hikes can really pin the gold price down? Actually, it’s just the gold in some other country’s vault being dumped out at low prices.
If you look deeper: Germany and Japan’s gold held by the U.S. suddenly can’t be retrieved.
Guess why they don’t allow withdrawals? With that little backing in the vault—once you take it, it would be exposed.
So what’s that old Chinese doing over there? One word: buying.
You smash as much as you want—I’ll take as much as you can.
You’ve got the problem, and I’ve got the remedy—let’s see whether you can deliver faster or I can consume faster.
I bet the amount I eat is far greater than the amount you give.
Why bet like that?
First, Germany and Japan’s gold can no longer be withdrawn—that shows the U.S. has something to hide.
Second, just a few days ago, it suddenly announced a ban on China buying gold. You say “gold supply exceeds demand, and prices are artificially inflated,” yet you ban the biggest buyer—doesn’t that just amount to covering your ears while stealing a bell?
You’d better hope I go buy U.S. Treasuries. I dumped gold at a discount just to get you to take the bag—but you went straight to the bottom and bought gold, and did it so loudly with central bank purchases. They didn’t even try to disguise it.
The U.S. is furious, but it has no way out.
So whether they raise rates in October is basically irrelevant.
What matters is: as long as they announce rate hikes, they will keep selling gold.
This move originally worked pretty well, but once “ban China from buying” came out, everything was exposed.
Smart people all over the world have seen it clearly: no matter how much you can smash or sell, you definitely can’t outmatch what the Chinese can buy and swallow.
Next step? Do we even need to ask? Stay firmly bullish on gold. #黄金
