Build your professional network on facebook via our app Go to app
 
<< Prev  2 of 5 in Topic  Next >>
Topic : CHINA'S REAL GROWTH OF ECONOMY
  Rate : 
Posted in Community :

Primetime News |

Investment Hub

Functional Area : Global Business
Activity:  2 comments  495 views  last activity : 09 01 2010 12:01:19 +0000
 Refer 53
Share
 
 
 

Right now, men are meeting in private quarters and plotting the biggest “financial coup” in history. Their endgame? They want to lay the foundation for a new global currency... to replace the dollar!

 
This story takes us wide and far before returning to the “free gold” I promised (no catch, all legit). The coup is being led by China, but most of the world – everyone except the U.S. – is in on it. If you arm yourself with an insider’s understanding of this coup, you will experience something that is both tragic and wildly rewarding.

Instead of holding yesterday’s money, you’ll be holding tomorrow’s money.

Instead of holding dollars that lost 30% to 40% of their value this decade, you could have a “wholesale” position in this new global money. I am calling this money “the commodit” (though it doesn’t yet have a name, as best I know).

You’ll have a huge edge because you obtained the commodit on the cheap. Once you have it, you can sit back and watch it appreciate 30% to 40% a year while you do nothing.

Our story begins, like many do nowadays, with China...

China is angling to CONTROL Canada’s
vast natural resources.

It’s an ambitious goal. In their eyes, it’s a long-term bet on the great tides of history. It’s a preparation for the day when they are the leading superpower, America is yesterday’s flavor, and the commodit is being used in business transactions around the globe.

We are not talking in the future tense (though this transition will be very tense). Right now, up in Canada, there are Chinese nationals moving into positions of power in one area.

It’s not financial services. It’s commodities – particularly vital natural resources and tangible assets like metals and oil.

China has been focusing most intently on... copper. They imported 70% more of the red metal in 2009 than 2008. It’s vital for their goal of wiring the entire Middle Kingdom. China has said publicly that they hold a quarter million tons of copper in warehouses – about $1.3 billion worth.

That makes China’s share of the world’s copper supply a very lopsided 40% – one country, 40%, interesting... 


Sources in Shanghai tell me that there’s four times as much copper hidden in China warehouses. (Almost every economic report from China is a lie designed to manipulate the gweilo – the white man.) It pays to watch what China does (not what it says). So why is China hoarding copper?

Wouldn’t it make more sense to hoard... gold?

There’s no doubt China is buying gold – lots of it. Gold is still the ultimate store of value, but despite gold's long history, it has some drawbacks in today’s interconnected world.

For one thing, there’s not that much of it, relatively speaking. And other than being pretty in jewelry, it has few practical uses. Copper, on the other hand, is very practical. It’s the key element in the world’s electrical grid. If your power lines get cut by terrorists, you want copper – not gold. And you’ll pay whatever you have to for that copper – making it far more valuable than many people realize. Indeed, copper is a vital component in hybrid cars and 325 other manufactured items.

So the copper that China is hoarding can work as both a strategic asset as well as an inflation hedge. And it can work as much more than that...

China could use copper to “back” the new currency
the commodit.

We suspect that China is moving as quietly as they can to dominate the earth’s total supply of hard assets, with a focus on copper.

Gold will still be important. So will silver and other precious metals and vital resources. But if China can control copper, they can control the world. Or at least global trade – which is good enough for them!

Copper could become the primary “backing” of the new global money – the commodit – tossing the tired old U.S. dollar aside in a bloodless coup.

I’m advising Money Map Report readers to get out ahead of this huge trend. I’m expecting to see the biggest investment profits of our lifetime here... and that brings us full circle to “free gold.”

 
2 comments on "China could use copper to “back” the new currency – the commodit."
  Commented by  SUGATHA, Asst Manager-Spare parts, Biesse Manufacturing CO Pvt Ltd    | 09 01 2010 15:30:14 +0000
It brings a new perspective to my understanding of world affairs.Good one.Thanks.
  Commented by  Himanshu Pathak, Sr/Principal Coresspondent, Coresspondent    | 09 01 2010 11:54:41 +0000
Gud one arun... very informative.... thanks for sharing.... :)
Add your comment on "China could use copper to “back” the new currency – the commodit."

Rate:
Submit
India's Leading executive search firm
Viewers also viewed
Recent Knowledge (102)
Floods deluge Pak With Strategic Problems   The Zardari government's inefficient handling of the...
 
35 referals 5 comments, 67 views
My friend Rizwan Khan mailed me this interesting draft made by a Pakis journalist.   Written by...
 
427 referals 42 comments, 2675 views
INSPIRATIONAL STORY...BY AN INDIAN CEO...   of a US firm! From studying under the streetlights...
 
78 referals 11 comments, 630 views
more...  
More From Author
Banking surely has come a long way. You don’t have to visit the musty branches and brave serpentine queues anymore. The ATM can take care of most of your needs. If at all you need to visit a branch, smiling faces with pleasant manners would...
The Battle for the 3rd Element The Third Element could soon siphon off $10.4 TRILLION in oil revenues… and replace 148 billion barrels of black gold. The U.S. government is quietly spending billions to control this rare substance as a matter of...
Right now, men are meeting in private quarters and plotting the biggest “financial coup” in history. Their endgame? They want to lay the foundation for a new global currency... to replace the dollar!   This story takes us wide and far before...
more...