What the Chinese have done to the Uighur region was to round up an alleged one million Uighur people and then start strip mining the entire region for rare earth minerals and silver production so China can dominate world trade. Even though the Uighur people are predominantly Muslim, evidence of their history is increasingly indicating the Uighur people originated from a Caucasian presence in ancient China. The CCP is deliberately locking up thousands of Uighur people denying this history to reflect a more communist ideology. China is buying silver mining rights in countries in the region including in Tajikistan. It would be worth discovering how much silver is located in the Xinjiang region where the Uighur people are located.
This includes erasing the history of the Uighur people in their effort to impose a banker-financed and UN-backed globalist corporate communist political agenda. The same thing that happened with the Bolshevik communist takeover of Russia. It's a racially motivated destruction of a people and a culture similar to what is now taking place in South Africa. If anyone thinks the Chinese have peaceful intentions, the CCP had a 1,000 year old Buddhist temple demolished in 2020 further erasing religious history. One of an estimated 800 Buddhist statues demolished in recent years. China has been on a Buddhist statue destruction binge. There will be no worship of any other entity in China outside of the CCP.
Interestingly enough, the genetics of the DNA shows affinities with Aryan or western European genetics associated with some of these Buddhist temples. The CCP will go to great lengths to keep this ancient history under tight wraps including any ancient Aryan or western European influence that might be discovered at these temples including the 2,000 year old Terracotta Army in Xi'an Province, China. The CCP are terrified of the ancient legends of blue-eyed Gods in China just might turn out to be true.
Silver is now fueling a battle between these various factions including the Biden administration, the CCP, the City of London and Wall Street banks. This is gong to lead to further massive problems like liquidity and a crisis in silver between industry and as a monetary instrument. It is likely what we will see happening is the US government (privatized) starting to demand silver be sold to it at higher prices with fiat dollar money spewing like water out of an open fire hydrant, only to have this silver sold to the CCP to run their industries.
The US isn't going to disappear, but what will disappear is the US dollar. It is now up to us to rebuild the economy based on some combination of silver, gold and cryptocurrencies in a coming race to hard commodities. Continue watching Janet Yellen at the US Treasury screaming as she tries to bring all this under control. America is now at a crossroads and it is going to become a blistering dangerous crossing. Not only with silver, but is the US going to follow the Chinese economic and societal model?
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By Emily Chow | February 1, 2021
SHANGHAI (Reuters) -Chinese investors rushed into silver investments on Monday, pushing up Shanghai silver prices while boosting performances of related stocks and funds, matching calls by global retail investors to boost prices of the precious metal.
Retail traders on Reddit and other social media who caused a rally in share prices of U.S. video game retailer GameStop Corp have now turned their attention to silver, leading Chinese investors to also jump on the bandwagon.
China's domestic silver prices rose to their highest since September. Prices on the Shanghai Futures Exchange closed up 9.27% at 5,939 yuan per kilogram.
Spot prices on the Shanghai Gold Exchange surged to an over four-month high on Monday before ending afternoon trade up 9.4% at 5,890 yuan per kilogram.
Open interest on the Shanghai futures contract also jumped on Monday to 516,568 lots, its highest since the start of the year. Trading volumes reached 2.28 million lots.
"Since last week's Reddit discussions to buy long, funds have flowed into the silver market," said Xu Ying, precious metals senior analyst at Orient Securities Research.
"In the short term, silver's rise has little to do with fundamentals. Sentiment to go long is high, the market rally is not over yet."
Silver is dubbed the "poor man's gold", as it is cheaper to buy and invest in while impacted by the same factors as gold.
Please go to Reuters to read more.
FILE PHOTO: Silver bars are stacked on a table in the safe deposit boxes room of the ProAurum gold house in Munich March 3, 2014. REUTERS/Michael Dalder/File PhotoREUTERS
SHANGHAI (Reuters) -Chinese investors rushed into silver investments on Monday, pushing up Shanghai silver prices while boosting performances of related stocks and funds, matching calls by global retail investors to boost prices of the precious metal.
Retail traders on Reddit and other social media who caused a rally in share prices of U.S. video game retailer GameStop Corp have now turned their attention to silver, leading Chinese investors to also jump on the bandwagon.
China's domestic silver prices rose to their highest since September. Prices on the Shanghai Futures Exchange closed up 9.27% at 5,939 yuan per kilogram.
Spot prices on the Shanghai Gold Exchange surged to an over four-month high on Monday before ending afternoon trade up 9.4% at 5,890 yuan per kilogram.
Open interest on the Shanghai futures contract also jumped on Monday to 516,568 lots, its highest since the start of the year. Trading volumes reached 2.28 million lots.
"Since last week's Reddit discussions to buy long, funds have flowed into the silver market," said Xu Ying, precious metals senior analyst at Orient Securities Research.
"In the short term, silver's rise has little to do with fundamentals. Sentiment to go long is high, the market rally is not over yet."
Silver is dubbed the "poor man's gold", as it is cheaper to buy and invest in while impacted by the same factors as gold.
Please go to Reuters to read more.
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We're at the crossroads...
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