Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Free
Message: CHINA with a BIG LEAD!

I think there will be increased in green energy in the US ... it just makes sense in places where the sun shines solar panels are very cost effective ... Trump took the US out of the Paris climate accord because the cost for clean up and timing were extremely unfavourable to the US ... Trump did what he said, not allow the country to participate in unfair arrangements ... That doesn't mean he opposes green energy it means he opposes allowing the citizens being abused ... here in sunny Queensland solar panels are everywhere ... originally they were encouraged by state government by them purchasing excess produced energy onto the grid at very favourable rates, even without the government subsidies, they pay for themselves if you use the vast majority of your energy during daylight hours. Improved storage methods will make them even more effective.

China is in the lead in many things, the petro yuan (backed by gold) is on its way ... once that is firmly entrenched, China will force gold to be exposed to the forces of price discovery without the price fixxing that has been going on for decades and now controlled by cme shorts ...

It is probable that China has the largest gold reserves in the world by a substantial amount ... unlike the US who traded away most of the reserves between 1945-1971 ... China will hold their reserves and go to the market to purchase physical gold to pay for oil ... this in turn will drive the gold prices up enormously, which in turn will reduce their debt to reserve levels dramatically ... 

China is in the lead in a lot of things, of all things they are in the lead in their gold holdings will not only be the most important thing in which they lead, it will be the impetus for the new world order and it ain't the one George senior spoke of.

orgy   

 

Share
New Message
Please login to post a reply