"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 9 mins China Says It Doesn’t Fear Trade War
  • 16 hours Twitter CEO: The World Will Have A Single Currency
  • 17 hours Asian Currency Correction Could Signal Looming Crisis
  • 18 hours Best Buy Drops Telecom Giant Over National Security Threat
  • 19 hours The Pros And Cons Of The Federal Interest Rate Hike
  • 20 hours Good News For Gold Bulls Despite Interest Rate Hike
  • 22 hours Trump Hits China With $50 Billion In Tariffs
  • 23 hours Russian Gold Reserves Hit Record High Amid Rising Tensions With West
  • 1 day Stocks Pull Back Following Interest Rate Hike
  • 2 days Will Regulatory Rollbacks Make Banks 'Too Big To Fail?'
  • 2 days Elon Musk’s $2.6 Billion Tesla Challenge
  • 2 days Tech Giants Could Be First Victims Of U.S. Trade War
  • 2 days Dow Gains Despite Fed’s Rate Hike
  • 2 days The Biggest Threat To Chinese Oil Futures
  • 2 days Spending Bill Could Cause U.S. Debt To Soar To 99% Of GDP
  • 2 days Precious Metals Slide Ahead Of Fed’s Interest Rate Decision
  • 2 days China’s Soft Power Grab May Be Bad News For Emerging Economies
  • 3 days The Secretive Wall Street Firm Betting On Bitcoin
  • 3 days ‘Data Is King’: The Oil Industry’s Next Most Valuable Resource
  • 3 days Google Invests $300 Million To Combat Fake News
Trump's Trade War Nears Boiling Point

Trump's Trade War Nears Boiling Point

Trump’s trade war appears to…

Economic Pressures Weigh On Banks And Borrowers

Economic Pressures Weigh On Banks And Borrowers

Banks and borrowers are under…



We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

More Info

On The Back Of The Chinese Speculator

The Chinese investor class can move markets, the Anglo Saxon investor class has a serious challenger.

The Chinese government thought it was a good idea for the middle class to invest in stocks, what followed was the massive exponential rally in the Shanghai Stock Exchange Composite Index (SSEC). Point: This was an approved government action.

The Chinese government sees a future for bitcoin in its monetary plan, and has cleaned up the coin exchanges, such positive noise from the government has encourage the bitcoin trend, and with nearly 50% of all transactions sourced from China the price is on its way to $5000 USD (BTCSTAMPUSD). Point: This was an approved government action.

The Chinese government encourages it citizens to invest in hard money (Gold and Silver). However it is suspected it has been China who has been the late night manipulator of the gold price (well maybe some help from the BIS and JPM in silver) to allow her to accumulate physical metal at discount prices. This won’t last forever, and when the day comes for China to wish trade to be backed by gold back notes and international trade priced in yuan (including oil), you can bet the Chinese investor will rush into the yellow metal. This will be an approved government action, as Chine will be the world’s largest holder of physical metal.

In short, the US dollar importance will been reduced. Do not be surprised when one day the gold trend mirrors SSEC and BTCSTAMPUSD as the chart below suggest.


(Click to enlarge)

By Readtheticker for Safehaven.com

Back to homepage

Leave a comment

Leave a comment

Sign Up For The Safehaven Newsletter