Thursday , 28 March 2024

Where Are World’s 2 Biggest, Best & Most Powerful Investors Investing? Here’s Where & How (+2K Views)

A lot of people confuse money and wealth. They think that because they have a lot of money they’re wealthy. Well, in the short run, that may be true but in the longer run, the money can go away. Wealth, however, is something that prevails.

James RickardsThe above words are edited excerpts from this article by James Rickards which has been further edited below (read the original article HERE) for a fast and easy read.

Warren Buffett’s a guy who’s dumping paper money and getting into hard assets in the form of transportation and energy in particular. The dollar could go to zero and it has no effect on him.

The other example are the Chinese. The Chinese have spent the last five years acquiring approximately 3,000-4,000 tons of gold…They’ve got $4 trillion in reserves which is nearly all denominated in U.S. Treasury bonds and they can’t dump those paper assets….but if we inflate the dollar, which we’re trying to do, and the value of those bonds goes down in real terms, we have inflation and that’s a wealth transfer from them to us.

By acquiring thousands of tons of gold they now have a hedge position…where they win in either case. If the dollar is strong they might not make very much on the gold, but they’ll collect the value of their bonds.

I would say look at China buying gold and look at Warren Buffett buying hard assets in energy and that will give you some guidance.

Have your say on the subject via:

We’d like to know what you have to say.

Related Articles from the munKNEE Vault:

1. Why Is China Buying Up The World’s Gold? Here’s Why

The reason for China’s massive gold accumulation is to destroy its enemies by attacking their economic base & that is exactly what China is doing to the USA. Read More »

2. Gold Rush Is On In China (to replace USD with a gold-backed Renminbi?)

China consumed, mined and imported the most gold ever in 2013. Does this mean that the PBOC in Beijing plans to eventually back its currency, the Renminbi, with gold with a view to replacing the U.S. dollar as the world’s reserve currency? Here are the details. Read More »

3. Don’t Worry About the Future Price of Gold – China’s Got Your Back! Here’s Why

This eye-opening article explains how China is influencing gold demand and prices and what it means for Western investors. Readers will discover how much gold China is really buying and steps they are taking to undermine the U.S. Dollar as the world reserve currency. It even includes a prediction for gold prices. It’s a must-read for any precious metals investor. Read More »

4. Gold Demand In China & India – What Does the Future Hold?

Lifted by a continued surge in Asian gold sales, consumer demand for gold reached an all-time high in 2013 at 3,893 tonnes. Amazingly, 54% of this demand came from two places: India and China. However, it is only recently that the East has dominated global demand for the yellow metal. In this infographic, we look at India and China specifically to see why demand keeps expanding in the East. Read More »

5. What Does Slowdown In China Mean for Gold Prices?

The latest data shows that China is slowing tremendously and this should have positive effects on the future price of gold. Here’s why. Read More »

6. China GROSSLY Understates Its Gold Reserves! Here’s Why & What They REALLY Are

Today China came out with their Central Bank Gold Holdings reporting 1054 tonnes but this is impossible. Here is why. Read More »

7. China Knows Something About Gold That the West Does Not – Here’s What It Is

It has been suggested recently that there must be collusion between America and China over the transfer of gold from Western capital markets. They assume that governments know what they are doing, so there is a bigger game afoot of which we are unaware. The truth of the matter, though, is simply that China and Western capital markets view gold very differently. Let me explain. Read More »

8. China Converting U.S. Dollar Debt Holdings Into Gold At Accelerating Rate

China, Russia and other nations are exiting their dollar-denominated holdings in favor of gold. This action should put pressure on the dollar and U.S. treasuries, pushing not only central banks, but mainstream investors towards the safety of precious metals and other tangible assets that cannot be defaulted on. There will be a rush out of dollars and into assets with no counter-party risk, it is just a matter of how soon it happens. Read More »

9. Noonan: Is Gold’s Decline Being Caused By Fed Payback Time to China?

The manipulated raids in the gold market since last April may be hurting the Precious Metals game players, weakening their confidence and “disproving” gold’s worth against a fiat currency, but they serve a greater purpose, as in Federal Reserve payback time to China. Here’s why. Read More »

10. Russia & China Have Power to Collapse U.S. Economy! Is Hoarding of Gold Their First Step In Doing So?

Most Americans simply don’t understand that Russia and China have the power to collapse the U.S. economy by going to a gold for oil system. All they have to do is pull the trigger. Let me explain. Words: 1515 Read More »

11. China Continues Buying Gold Like There Was No Tomorrow! Here Are the Impressive Numbers

China continues to buy gold with both hands, keeping up all the gold they produce and importing even more! Imports were up 50% in October vs. the previous month; up 68% in November and up 74% in December. What will January bring given the continued weakness in the price of gold? Probably even more buying! Read More »

12. China’s Role in the Future of Gold

In this infographic we look at how gold growth in China will impact the future of the precious metal. In Q4 of 2011 and continuing into 2012, China has bought more gold overall than even India and will continue to play an important role in consumption. Read More »

13. Gold Reserves: Who Are the 10 Biggest Owners – and How Soon Might China Become #1?

China currently is a distant 5th behind the U.S. in the extent of gold reserves it currently owns but gives every indication that it is intent on adding more. How long might it take for China to be number one in gold reserves? Read More »