ingoldwetrust.ch / by Koos Jansen on January 7, 2014 at 12:09 pm
First of all I would like to thank all my translators, my sources in Asia, my commenters and readers. It’s amazing what this blog, through the efforts by all of you, has accomplished: worldwide attention and an important addition to the gold community. Thanks you all very much!
The next translation I present is from a speech by Tan Ya Ling, President of the China Foreign Exchange Investment Research Institute, given on a gold conference May 7, 2013 Beijing. Probably it’s not the whole speech as the title of the original article mentions oil, but the article itself doesn’t.
When I googled Tan Ya Ling I found a site that sells a video box (2013) from Tan Ya Ling called Currency Wars. A concept the Chinese have been familiar with for many years. In 2007 a book, that oddly hasn’t been translated in English, came out with the same title, written by Song Hongbing. A quote about this book from Wikipedia (please click and read):
Currency Wars by Song Hongbing, is a bestseller in China, reportedly selling over 200,000 copies in addition to an estimated 400,000 pirated copies in circulation and is reportedly being read by many senior level government and business leaders in China. Originally published in 2007 the book gained a resurgence in 2009 and is seen as a prominent exponent of a recently emerged genre labeled “economic nationalist” literature.
…The book looks back at history and argues that fiat currency itself is a conspiracy; it sees in the abolition of representative currency and the installment of fiat currency a struggle between the “banking clique” and the governments of the western nations, ending in the victory of the former. It advises the Chinese government to keep a vigilant eye on China’s currency and instate a representative currency. The book, published in 2007, also correctly described and warned of the various forms of derivative speculation used by WallStreet which eventually became the causes of massive margin call sell offs and the stock market crash in late 2008.