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Bible prophecy, China, currency, dollar, Economic collapse, economics, end times, finance, financial collapse, gold, money

China is Selling US Dollars and Buying Gold Like There’s No Tomorrow

Well we ARE in the Last Days, by the conclusions of all my research – but does China have to make the end game so… obvious?

When people (nations) don’t trust the US government to pay back what it owes they dump US dollars for something inherently valuable – like gold.  Over the last 15 months, China is estimated to have dumped 520 billion dollars (yes that’s half a TRILLION dollars) and they bought 600 TONS of gold just last month.  Can you afford a single ounce of gold?  How about a pound of it?  They got 600 TONS of gold in June.

Infowars has an article borrowed from Zerohedge HERE which also mentions a $224 billion capital outflow in the last quarter (3 months.)  “Annualizing a $224 billion outflow in one quarter would lead to a unprecedented $1 trillion capital outflow out of China for the year. ”

Since massive debt accumulation makes financial collapse VERY likely (and many economic pundits and Bible prophecy authors point to a time around September 2015) maybe we should expect chaos, hyperinflation, martial law, dictatorship, and the fulfillment of end times prophecy… read:
Antichrist 2016-2019: Mystery Babylon, Barack Obama & the Islamic Caliphate

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About David Montaigne

Historian, investigator, and author of prophecy books like End Times and 2019, and Antichrist 2016-2019

Discussion

One thought on “China is Selling US Dollars and Buying Gold Like There’s No Tomorrow

  1. its exciting

    Posted by tomom | January 14, 2016, 12:01 pm

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