Chapter 109 Silver's People's War

China is now the world's largest silver producer, with a total annual output of about 10,000 tons, of which 5,000 tons are used to earn foreign exchange through export. Before 2008, China had an export tax rebate policy to encourage silver exports.These 5,000 tons of silver are enough to make up for the 4,000 tons of silver shortage caused by the world's industrial demand, so that the gold and silver market on the Wall Street-London axis can continue to play the magic trick of maintaining 1 bottle cap to 100 bottles! Export silver to earn foreign exchange?This is a puzzling way of thinking!This is like exchanging real money for fake money, and there are government subsidies for export tax rebates!From the beginning of 2009 to October 2010, the price of silver soared from US$11 to US$23 per ounce, which is more than enough!In the same period, the actual purchasing power of the US dollar continued to decline, and the US dollar was in decline under repeated "quantitative easing", and the cloud of the second economic recession was once again clouded.In one year and nine months, 8,000 tons of silver exports "recovered" a wealth loss of nearly 20 billion yuan!At the same time, it brings more dollar IOUs that have nowhere to go except to buy US treasury bonds!

Exporting silver as an ordinary industrial commodity is extremely serious strategic short-sightedness!Exchange the ever-increasing and increasingly scarce currency metal silver for the dollar banknotes that depreciate every day and never run short. What will be lost is not only the wealth itself, but also the commanding heights of the financial strategy of a major country. Silver was not only a currency in the past, it still has the function of currency.Today, when the risks of the US dollar, the euro, the Japanese yen and other banknotes are increasing, silver has the obvious role of hedging the risk of the entire credit currency system.This is also the fundamental reason why the price of silver soared 20% a day when the dollar system collapsed on September 18, 2008.

On July 30, 2008, China finally canceled the 5% export tax rebate for silver. This policy is undoubtedly correct, but its starting point is still to alleviate the contradiction of China's excessive foreign trade surplus.This shows that relevant departments did not think from a financial perspective when formulating trade policies.In the absence of an overall national financial strategy, various policies will inevitably appear contradictory and difficult to coordinate. When considering a silver strategy, it should be viewed on a par with gold.No matter what the rest of the world thinks about silver now, in today's world where the US dollar "Son of Zhou" is declining, the currencies of various countries are bound to appear in the situation of "Spring and Autumn Five Hegemons" and "Warring States Seven Heroes".In the future, silver will be a hot hard currency, and this trend will become more obvious with the decline of the dollar.

If China maximizes the RMB circulation domain as one of the commanding heights of building a strong financial high frontier, then it is necessary to fully re-examine the huge financial strategic value of silver and gold. In fact, to squeeze the international silver market, there is no need for a scale of 120 billion yuan. As long as domestic investors eat up all the 5,000 tons of silver that China exports to earn foreign exchange every year, 25 billion yuan is enough.This move alone is enough to shake the world silver price system.The available silver in the New York and London silver markets is only 125 million ounces (about 3,900 tons), which is basically only enough for the balance between supply and demand for industrial consumption for a year. Physical delivery of silver will be very difficult, and futures contract defaults will be hard to avoid.

What is the concept of 25 billion yuan?It is something that a few stock funds can handle. If there are 10,000 people, each person buys 2.5 million yuan in silver (about 450 kilograms, 5.6 yuan per gram); or 1 million people, each buys 25,000 yuan in silver (about 4.5 kilograms); People buy 2,500 yuan of physical silver (about 0.45 kilograms); then the world silver market will likely trigger a chain reaction of runs. What investors need to understand is that you are not buying silver, you are selling dollar bills!Silver is savings, silver is investment, silver is the insurance of wealth loyalty, and silver is the currency of ordinary people!Not only are you investing for yourself, but you are casting a veto against world financial hegemony!It is a self-defense counterattack against the international bankers who stole China's wealth!This kind of investment behavior is beneficial to the country, the people, and self!

Gold is a bow, silver is the full string, the will of the people is the arrow, and the bullseye is the international currency hegemony! If the ordinary people have any chance to change the development track of history, if the people can rise up against the world financial hegemony, if the general public is not willing to be "sheared" in various crises, if the people are really the driving force to create history, then actions are better than Any words are more convincing! Since the investment channels for silver were gradually opened in 2010, the Chinese people's long-awaited investment enthusiasm for silver has erupted like a volcano.After investing in gold and getting a good harvest, there has been an upsurge of investing in silver all over the country.

More and more people realize the value of silver. It not only carries the genes of Chinese history and culture, but also shoulders the heavy responsibility of reality. It is not only a reliable tool for the people to protect their wealth, but also an effective tool to counter the world currency hegemony. means. Silver is the greatest opportunity of your life!