A NEW COLD WAR & THE “WEAPONIZATION” OF GOLD

A NEW COLD WAR & THE “WEAPONIZATION” OF GOLD

• • At some point the Chinese Communist Party learned of the epidemic and MINIMALLY made a decision to hide its existence, hoping it went away.

  • Exposés in Hong Kong’s South China Morning Post and the Chinese mainland’s Caixin show that the information that did flow out of China early in the crisis did so only because of the courage of individual Chinese people in the face of government repression. 

  • People in the Wuhan epicenter, however, began to get wise — and scared (here and here) — by the end of December 2019, forcing their government to say something. The authorities gave the impression of a nontransmissible disease already under containment. We know now this was entirely false, likely designed more to ease civil unrest than protect the people. The mayor of Wuhan even suggested that the central government prevented him from revealing details about the epidemic until January 20.

  • Considering the first public announcements came out of Wuhan on January 1, we can assume that President Xi had a sense of the danger prior to that.

  • Clearly, downplaying the disease wasn’t working and it was time for the Party to get serious. But how serious?

    • Would it provide full cooperation to the international community?

    • Would being seen as the source of this virus hurt its international image?

  • However, there was a darker dimension: the more Beijing cooperated, the less the disease stood to affect other countries.

    • This includes countries China sees as a threat to its existence, like the United States.

    • Why should China suffer the effects of a pandemic while others stayed safe — and increased their strength relative to China — based on China’s own costly experience?

  • Such a question is of course inimical to human decency. And yet it must be remembered that Xi Jinping has produced the greatest program of ethnic cleansing in the world today.
    • He has curtailed freedoms in China severely and is the father of the panopticon state.
    • His incessant military buildup threatens neighbors while using economic and other subversive means to erode the sovereignty of countries around the world. 

• • The Military-Industrial Complex stresses we should not assume it was beyond his imagining to withhold a degree of support from the international community to ensure that China would not suffer alone.

  • Strong evidence supports this idea. Hearing the World Health Organization (WHO) repeat and praise the Party line while giving short shrift to health advice until quite recently has alarmed many. 

  • Seeing Beijing sell defective wares and claim it as humanitarian aid has angered many more.

  •  Spreading disinformation during the crisis and hinting at using life-saving goods for leverage (original here) — while denying even the faintest hint of wrongdoing.

  • This may constitute biological warfare. But even if it doesn’t Xi should be brought to account for his other crimes against humanity.

• • The US Defense Department is increasingly taking the lead in Investigating the source of the CoronaVirus and not the State Department nor the CIA which would be expected to assume such a role.
  •  The Administrations current escalation of the urgency of a reassessment of foreign Supply Chains. The dependence and restrictions during the desperate search for Respirators, Masks, PP, drugs were continuously highlighted.
    • 30 of the major needs during the CoronaVirus were foreign controlled with 90 countries placing export restrictions on.
    • Tensions over foreign export restrictions to the US and hoarding of essential CoronaVirus fighting medical needs.
  • Defense Secretary Mark Esper, who has expressed wariness toward China virtually since his confirmation, shared some harsh words for Beijing Wednesday, then reiterated them on Thursday during an appearance on “The Today Show” – one of the Defense Secretary’s most high-profile media appearances since he was picked to lead the Pentagon last summer – Esper accused Beijing of being “misleading and opaque” during the early days of the outbreak.
    • “They’ve been misleading us, they’ve been opaque if you will from the early days of this virus. So I don’t have much faith that they’re even being truthful with us now,”
    • Esper added that   “.. he finds it hard to trust any information coming out of China…”

CHINA & RUSSIA’S MASSIVE CENTRAL BANK GOLD ACCUMULATION – THEY HAVE BEEN PREPARING FOR SOMETHING?

• • We have been pointing out for years now how China and Russia (all the BRICS) have been accumulating Gold in significant quantities in exchange for their US Dollars based export earnings.
  • The US has not been doing this and now we see a major “premium” for physical gold purchases over paper based securities (ie GLD).
  • Wednesday we read this: US Mint Halts All Production Over Virus Fears As Gold & Silver Coin Demand Nears Record Highs.
  • Yesterday we read this: COMEX Bombshell: Most ‘Eligible’ Vaulted-Gold Has Nothing To Do With COMEX.
  • There is more going on in the shadows and gold “paper” prices now show this.

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WEAPONIZING GOLD

 

The US Military Industrial Complex will use the Pandemic to support its argument that China is a military threat. China on the other hand has for years now clearly seen the US Economy as in serious troubles and fatally exposed to its out of control debt levels. China & Russia have build gold reserves for the inevitable problem that would stem from the US  building a country on increasingly debt fueled Unsound Money, an out-dated Reserve Currency Status, and an over-extended global military. Something was going to “prick the bubble”!  If it wasn’t the Pandemic it would be something else. 

 

China and Russia knew Gold would be the likely central global response – and has been preparing accordingly. Like stockpiling ‘bullets’ and weapons for a potential conflict, they have been stockpiling Gold for an Economic Conflict!!