China’s Global Gold Strategy

China’s Global Gold Strategy
A woman holds a gold bar to mark the year of the snake in Beijing in 2012. STR/AFP/Getty Images
Valentin Schmid
Updated:

Willem Middelkoop was a journalist until 2008, but he always had a good feel for financial markets.

Back in the 1990s for example, he bought as many as eight properties in Amsterdam with no money down, capitalizing on falling interest rates as well as a booming expat rental market.

Later he became interested in gold and the monetary system, correctly predicting the financial crisis of 2008 in many of his more than 5,000 appearances on Dutch television.

In the same year, he founded the Commodity Discovery Fund for high net worth clients. The fund specializes in gold and silver mining companies.

After writing “The Big Reset“ in 2013, he became intimately familiar with China and its quest to dominate the global gold market.

A Chinese language version was published and he launched the book at the Chinese International Monetary Institute, a leading monetary think tank.

The Epoch Times spoke to Middelkoop about China’s plan to accumulate gold and store it with the people, as well as their end-game for the reform of the financial system.

If they want to send gold to $3,000 per ounce, they could do so any week.
Willem Middelkoop
Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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