As the United States continues to push towards a military conflict with Russia, there will likely be no real winner when the dust settles.  However, if we compare the these two superpowers in the current “gold market”, the Russians are the clear winners:

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“I’m Personally Shocked”
With Geopolitical Tensions Pushing the World to the Brink Of A Massive Conflict, President of US Mint AP Roy Friedman Is SHOCKED That Gold and Silver Demand Have Fallen Off A Cliff: 

A major gold mining insider just revealed that one of Asia’s richest men, billionaire Li Ka-shing is now very actively in the process of acquiring gold related assets and PHYSICAL gold like never before:

Tom Beck, editor of Portfolio Wealth Global, says if he’s learned one thing in the markets, it is that Jim Rogers never misses a big long-term investment thesis, and that Rogers has basically told investors to “forget China, buy Russia.”

“As we reported last week, Moscow and Beijing took another step towards de-dollarization with the opening of a yuan clearing bank in Russia.”
According to an article published yesterday by Sputnik
, progress made in promoting bilateral trade in yuan is the first step towards an even more ambitions plan — using gold to make transactions:

China and Russia are shifting away from dollar-based trade, to commerce which will eventually be backstopped by gold.
The Russian central bank opened its first overseas office in Beijing on March 14, marking a step forward in forging a Beijing-Moscow alliance to bypass the US dollar in the global monetary system, and to phase-in a gold-backed standard of trade:

As the US Mint Numbers reveal, in the Wake of Trump Market Euphoriasales of gold and silver have plummeted in the West (especially USA), but surged in the East:

Seriously? “Simon Black” (it’s a nom de plume) wrote an article titled “Demand For Physical Is Collapsing.”  He focused on retail bullion demand numbers. To claim that the global demand for physical gold is collapsing is seeded in either ignorance or mal-intent.
The Black article purports the idea that retail bullion sales represents global demand for gold and silver.
Nothing could be further from the truth:

The issue at hand is a potential GAME CHANGER; negotiations between the two largest holders of gold in the world; “A Deal Between China and the Vatican”.
THE WORLD IS ABOUT TO BE HUNG ON A CROSS OF GOLD….

The Warning Signs Are There. 
Collateral damage to wealth during times of currency devaluations, tariffs, and trade wars is inevitable, but those who remain ignorant of the underlying causes are doomed to bear the full burden of the fallout.

Forbes’ Frank Holmes joins Lawrie Williams, Koos Jansen and many others in questioning the “official” Chinese gold demand numbers.
Real gold demand is likely MUCH higher than the official numbers:

Precious metals investors should be prepared that the next large market correction will likely cause record gold demand with MUCH higher prices.  Once the Great Hyped Trump Rally runs its course and the lousy fundamentals are allowed to kick in, the broader stock markets are going to experience one hell of a correction…

Pisani gold gldThe ECB very recently confirmed that its gold reserves are stored across 5 international locations. However, the ECB also confirmed that it does not physically audit its gold, nor will it divulge a bar list / weight list of these gold bar holdings…