There’s quite a number of videos on China’s ghost cities. They were never going to be occupied. They just kept selling them to the next highest bidder. If they did anymore building or upgrading it could cause bad ju ju.
I am just wondering how the money the government used to buy bond will enter the precious metal. I read somewhere that sometime when government buy bond the money may not necessarily enter the M2 supply. Hope the question makes more sense this time. Thank you for taking the time to reply
China holds silver off-line. However the sheer scale of the property implosion suggests very strong demand for silver and gold safe havens in the future.
Thank you for another great analysis.
Seems like the property sector is in a recession in China.
In the near future, I can begin daydreaming of buying a small house in the country, outside the big cities.
Stay mobile my friend.
I am frequently unsure, if info is anti China (Russia) propaganda or reality. So I clicked some of the links. Excellent info - thank you!
My pleasure LGWT.
Kinda happing in the US with commercial real estate
Just not as advanced and nowhere near the scale of China's empty buildings.
There’s quite a number of videos on China’s ghost cities. They were never going to be occupied. They just kept selling them to the next highest bidder. If they did anymore building or upgrading it could cause bad ju ju.
Thanks David. How will the money flow from the buying of the bond to the precious metals market? Will they go through the everyday people?
Not sure I understand the question - can you give me more info ?
I am just wondering how the money the government used to buy bond will enter the precious metal. I read somewhere that sometime when government buy bond the money may not necessarily enter the M2 supply. Hope the question makes more sense this time. Thank you for taking the time to reply
When there is metal shortage, metals are bid. That is the phase we are starting now. Other factors not so important IMO.
Where are they getting the silver from? That would be the more important question?
China holds silver off-line. However the sheer scale of the property implosion suggests very strong demand for silver and gold safe havens in the future.