China plans to launch its new yuan-denominated gold pricing fix on April 19 !!!

I will get you THIS is what that emergency FED/Obama meeting is about today.

So what are they actually doing?

demand for $ will drop but yuan buying/selling of gold will be a better deal.

That's probably why Obama & Biden are meeting with the Federal Reserve...

Last Edited by JustChilling on 04/11/2016 07:17 AM

Who WOULDN'T want....sound money?

almost certainly...this could get interesting...especially if china revealed their real, massive gold holdings...gosh, that would be an instant game changer.

I have suspected someone was hoarding gold for years now - when that CASH FOR GOLD scheme began popping up on EVERY corner - good luck finding any left in this country!

It is impossible that this magic date of April 19th is a coincidence. The same day they are raising the tributes to Baal? The same day as Waco? The same day as Oklahoma City?

Really incredible.

a good day to to a false flag ...

its the period of 13 days of sacrificing for the illuminati

Thread: Illuminati Sacrifice and DOOM needed ? / WATCH OUT between April 19 and May 1 / UPDATES: 26 april : Sweden on High Alert P4

gotta find me a way to sell my gold over there

hope so i want to have off of work for 4/20

Thread: tuesday China will announce they will stop buying U.S. Treasuries when they release their new gold backed Yuan

Well tomorrow is the big day.....

Nothing will happen, DOOM OFF

Isn't it already 19th in China? Rothschilds' 'fed' saved us again. doom off until further notice

The Shanghai Gold Exchange set the price at 256.92 yuan a gram ($1,233.85 an ounce) at the 10:30 a.m. session after members of the exchange submitted buy and sell orders for metal of 99.99 percent purity. Members include Chinese banks, jewelers, miners and the local units of Standard Chartered Plc and Australia & New Zealand Banking Group Ltd., according to the bourse.
China has overtaken India as the largest consumer as rising incomes and surging economic growth boosted purchases of jewelry, bars and coins. The central bank has also been adding to its bullion holdings in a move to diversify its foreign-exchange reserves. The country’s plans to develop a benchmark to rival the twice-daily London auction may be hampered by capital controls.

[link to dailyreckoning.com]
James Rickards

A lot of people think about gold as a percentage of a country’s total reserves.
They are surprised to learn that the United States has 70 percent of its reserves in gold.
Meanwhile, China only has about 1 percent of its reserves in gold.

Here’s the problem: If you took the lid off of gold, ended the price manipulation and let gold find its level, China would be left in the dust. It wouldn’t have enough gold relative to the other countries, and because their economy’s growing faster and because the price of gold would be skyrocketing, they could never acquire it fast enough. They could never catch up. All the other countries would be on the bus while the Chinese would be off.

Big explosion in Afghanistan. Hundreds wounded. Fire sacrifice?

What about all the rumors that have been flying around for years that Ft. Knox is empty; TPTB stole most of it and that is why nobody is allowed an audit?

Very wealthy people who own/control the means to production.

I'm shocked so many people happily keep working for a constantly-devalued currency. I wasn't aware of this until a few years ago. All currencies are shit.

CNBC - ‎2 hours ago‎

China on Tuesday launched a yuan-denominated gold price fix in its bid to become a price maker in a market dominated by London and New York. Listed on the Shanghai Gold Exchange, the benchmark price is derived from a 1 kg-contract and was set at ...

UPDATE 1-China launches yuan gold fix to boost power in global bullion market

Reuters - ‎2 hours ago‎

(Adds detail). By A. Ananthalakshmi and Ruby Lian. SINGAPORE/SHANGHAI, April 19 Top consumer China launched a yuan-denominated gold benchmark on Tuesday, as the country took an ambitious step to exert more control over the pricing of the metal ...

China launches yuan gold fix to boost power in global bullion market

Daily Mail - ‎2 hours ago‎

SINGAPORE/SHANGHAI, April 19 (Reuters) - Top consumer China launched a yuan-denominated gold benchmark on Tuesday, as the country took an ambitious step to exert more control over the pricing of the metal and boost its influence in the global ...

Shanghai introduces yuan-denominated gold benchmark price

China Daily - ‎3 hours ago‎

The Shanghai Gold Exchange , the world ' s largest physical gold exchange , launched a yuan-denominated benchmark price on Tuesday in Shanghai , a measure that will benefit both China ' s domestic gold market and the global precious metals market 

Now we have to gold price fixes,

1. Shanghai 1230.49 USD per oz.

2. London 1230.30 USD per oz.

why would you think that buying gold with yuan in any way makes it "sound money"? do you just have no idea what this thread is about?

Nothing happening today.

So much hype for nothing.

Silver spiked up dramatically overnight.....

The United States has 70 percent of its reserves in gold.

China only has about 1 percent of its reserves in gold.