All great events hang by a hair. The man of ability takes advantage of everything and neglects nothing that can give him a chance of success; whilst the less able man sometimes loses everything by neglecting a single one of those chances.
~Napoleon Bonaparte
China’s launch several years ago of the One Belt, One Road Initiative is set to become the biggest commercial linking-system constructing project in world history. In the book David Morgan and I co-authored, Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock-Wave, we discuss the “New Silk Road” this way:
…the plan, described as an “economic partnership map with multiple rings interconnected with one another” envisions an economic land belt and a maritime road linking Beijing through Europe to the Mediterranean. This modern equivalent of the old Silk Road would weave together the economies of over half the world’s population via transit corridors of highways, high-speed rail, fiber-optic cables, pipelines, and air and seaport hubs.
OBOR – also known as the Belt and Road Initiative – is drawing supplies of commodities to it across the board, like iron filings to a magnet. Concrete, iron, zinc, copper… silver and gold. Silver, as a critical ingredient in the electronics and communication build-out; gold (+ silver) because of rising incomes for China’s middle class – larger than the population of the U.S. – which will continue the historical habit adding to its precious metal holdings.
An excellent interactive map showing the primary pathways and effects of this mammoth construction project can be found at the South China Morning Post. Elements:
During a recent two-day visit to Beijing by U.K. Chancellor Philip Hammond, it was announced that former Prime Minister David Cameron would be taking a lead role in a US$1 billion private equity infrastructure fund directly investing in the One Belt One Road (OBOR) initiative. ~Tama Churchouse
HSBC has estimated that the expansive Belt and Road program will generate no less than an additional, game-changing US$2.5 trillion worth of new trade a year.
It is important to remember that the “belt” in BRI is a series of corridors connecting Eastern China with oil-gas rich regions in Central Asia and the Middle East. The high-speed rail networks, or new “Silk Roads”, will simply traverse regions filled with, what else, un-mined gold. ~Pepe Escobar
An almost unnoticed (when in the West, made light of) corollary is China’s proposed “Latin Belt and Road” program, involving Brazil, Argentina and Chile. China’s Foreign Minister says, “It follows the principle of achieving shared growth through discussion and collaboration. It is nothing like a zero-sum game.” ~Asia Times
The meaning for gold and silver?
When most Western analysts tout the virtues of precious metals’ ownership, they focus on what Frank Holmes refers to as the “Fear Trade.” They say you should (and we agree) own gold and silver as “insurance” against rising inflation, which by the year (daily in Venezuela and Zimbabwe) reduces the purchasing power of David Morgan’s …read more
Source:: Gold Silver Worlds
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