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China Discovers Underwater Goldmine Worth Over $16.4 Billion
The video below underscores a very painful reality, and one that is deliberately being kept from the American people. The information contained in the video below is not hard to come by, but don’t expect the liberal mainstream media to report any of it to you. Did you know that there’s a 95% chance your neighbor can give you the score of one yesterday’s playoff’s games, and almost a 0% chance he or she has any idea that foreign countries have been dumping the dollar at record pace.
The only reason prices have not reflected the massive sell-off, is because of massive manipulation by U.S. officials, who are providing just enough stability through the use of the Exchange Stabilization Fund, for their friends to cash out before the bottom drops out. The Exchange Stabilization Fund is a slush fund that falls under Top Secret clearance, and is used to stabilize pricing when uncontrollable dumping of the Dollar actually threatens national security. For more on that fund, be sure to check out, Jim Willie Says the U.S. Dollar is Now a Matter of National Security Due to the Fed’s Poor Decisions.
Americans have been fed pure nonsense about how the Federal Reserve is the lender of last resorts, and will step in as needed to prevent a complete American collapse. The truth is, there is nothing federal about the Fed, as it is a Rothschild Family Bank, and it has no reserves. Pay attention to articles like this one discussing the new gold found by China, and pay attention to how much gold countries like China and Russia are buying. Once the Dollar collapses, and Americans finally figure out that gold isn’t just a talking point of “conspiracy theorists,” but rather it’s the only REAL money, it will be far out of reach financially for most.
Remember the $187 TRILLION in derivatives held by the six largest banks that were largely considered the reason for the 2008 collapse? Those same banks now hold $278 TRILLION in the same derivatives. If you always do what you’ve always done, you’ll always get what you’ve always got. Keep watching the mainstream media America. Continue to be hypnotized into a state of delusional denial by their lies and misinformation.
TRY to understand, that if the mainstream media actually told the truth, no one would watch, and they’d lose their sponsors, so for their own financial preservation, they continue to lie at YOUR expense. They demonize anyone who opposes them, but at some point don’t you ask yourself why you’re listening to a group that has NEVER seen a financial disaster coming until it was almost finished, and Americans were already wiped out? Time to think about a new pair of glasses America!
Russia and China Buying MASSIVE Amounts of Gold
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Anonymous Headquarters writes:
Scientists at the Shandong Provincial No. 3 Institute of Geological and Mineral Survey have located a mega-sized gold deposit, 2000 meters under the north coastal water near Sanshan Island off Laizhou city in the Shandong province, with at least 470 tons of reserves.
The new-found deposit, the largest undersea gold mine found in China, is currently valued at over $16.4 billion and is estimated to hold at least 1,500 tons of gold.
According to Ding Zhengjiang, the deputy director of the Shandong Provincial No. 3 Institute, the gold deposit is part of a crablike ore belt that lies deep at the sea bottom. The marine ground investigation took three years, and involved over 120 kilometers of drilling, with 67 sea drilling platforms and about 1,000 drillers and geologists.
However, experts now face the daunting challenge of accessing the mine, which is currently out of reach for excavators. Despite being the world’s leading producer of gold, China lacks the technological ability to reach potential operations 1000 meters below the Earth’s surface.
In 2012, the first drilling platform at sea took 24 hours to be constructed, and now it took 8 hours with more advanced offshore construction technology.
The project manager Zhang Junjin declared that:
It’s no easier than the docking of a space ship. Drilling in the ocean will mark the fact that China’s geological exploration has extended from land to sea, and that it is a strong power in geological terms… Besides, drilling holes into underground rocks that are more than 1000 meters deep is a big challenge.
Normally in China, gold mine prospection is conducted within 800 meters underground. The discovery of a gold deposit lying 2000 meters undersea provides new drilling technology for future gold mining.
More than 2,000 tons of gold deposits have been found in Laizhou, which has the largest gold reserves in the country.
In 2014, China produced 452 tons of gold. The China Gold Association recently disclosed that China produced 357 tons of gold during January-September 2015, an increase of 1.48% from a year earlier. By the end of September, China’s gold reserve has reached 1,700 tons, up from the 1,660 tons in June. (via Anonhq.com)
FOR MORE GREAT MATERIAL FROM JIM WILLIE:
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Jim Willie, The Fed’s Week of Reckoning, and an Isolated United States
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Jim Willie: The Mid East Carnage Left by the American Wrecking Ball
Jim Willie: The Fractured Bond Market and the Economic Collapse
FOR MORE GREAT MATERIAL FROM PETER SCHIFF:
CNBC Actually Admits Peter Schiff Was Right… Again (Video)
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Peter Schiff: 2015 Was The Worst Year Since 2008 and Stocks Still Dropping
Peter Schiff: Janet Yellen Strayed From Her Own Plan and Went Nuts!
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Peter Schiff: Take a Good Look at the “New” American Dream!
Peter Schiff: Did the Fed’s Luck Run Out On Friday the 13th?
Peter Schiff and “The 4 Harbingers Of Stock Market Doom”
Peter Schiff and Reagan Advisor: Complete Economic Collapse Immediately Ahead
Peter Schiff: Warning! Economic Storm Clouds Ready to Rain
Peter Schiff: Death of the US Dollar Is Imminent; Fed Out of Options
Peter Schiff: 11 Trillion In Global Stock Losses and Awful Jobs Report
Peter Schiff: “The Fed Admits Rates Could Stay at Zero Forever”
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Peter Schiff: China and Switzerland is Killing U.S. Dollar
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