Tag Archives: fiat currencies

Hugo Price Salinas: The Crumbling World Order And Gold

The massive “disintermediation” of physical gold from western Central Banks plus bank and ETF custodial vaults to the east, especially China, India and Russia will eventually be one of the biggest stories/events of this millennium.   This acceleration in the migration of physical gold this year has been triggered by the relentless manipulation of gold by the Fed/ECB/BoE and its agent bullion banks using fraudulent paper gold contracts.  Recently, the drawdown in the amount of gold reported to be in the vaults on the Comex and in HSBC’s GLD vault is nothing short of stunning.

Hugo Salinas Price has written a must-read essay on the collapse of the west and measures China will implement assume the lead role in a restructured global world order:

The Chinese evidently have some plans which they are not divulging, for we see that China is purchasing huge amounts of gold. In the meantime, the US insists on trashing the price of gold, as if to say that the Dollar is and will remain the world’s supreme currency till the end of time.

China is quietly accumulating gold and saying nothing. But we can try to guess what China is thinking: “The US is mired in an insoluble problem. Do nothing to provoke the US. The US will destroy itself in a huge collapse.”

You can read his entire analysis here:   The Crumbling World Order and Who Will Pick Up the Crumbs?

The middle class in the United States has no idea that a heavy 2×4 is being at the back of their heads.  By the time many of them realize what is happening, it will be too late to duck.