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RE: Hong Kong Housing CRISIS! - MASSIVE Correction On The Horizon!

in #money6 years ago
Thanks Guys,
China might fleese the world of every Ounce of GOLD to back the YUAN?
In order to fill ALL those empty Chinese Cities and accumulate more GOLD / I think GOLD will be deemed the only asset acceptable to buy Real estate with there?
Imagine if they set the price at only 1 oz. of GOLD ($1200 USD) for a Brand New Apartment? In a Brand New City?
How many people here won't be parting with some Gold ASAP if/or when that happens?
I know I will use one of my Oz. to get a home/or homes there.
Greatest way to get every ounce of Gold in the World with that many homes and apartments built.
Then after the Real estate bargain of the Century and all the cities are full, CHINA will do a revaluation of GOLD to $10K or $100K per oz.

May Your Health Be With YOU. 2 png.png

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OR maybe this happened.

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23 min mark speaks of China's Ghost Cities..