China has recently discovered a huge gold deposit with a reserve of nearly 50 tonnes, which can be sold for around $3 billion at current market price.

The deposit is located in rural Rushan City, eastern China's Shandong Province, according to province mineral resource authority.

"The deposit covers a large area," said Shandong Provincial Bureau of Geology and Mineral Resources. "The ores are easy to mine and dress."

Shandong Province is rich in gold resources with a larger production than any other provincial areas across China for the past four decades.

"The prospectors drilled more than 250 holes as deep as 1,400 meters to find the deposit," Zhou Mingling, deputy head of the 6th Geological Brigade at the bureau, told local media Dazhong Daily.

Government evaluation showed the deposit can produce 2,000 tonnes of gold ores for at least 20 years.

  • Awoo [she/her]
    ·
    2 years ago

    The deposit is located in rural Rushan City,

    :frothingfash: It's the Russians again!!!

  • axont [she/her, comrade/them]
    ·
    2 years ago

    I have a coworker who is absolutely certain there's going to be a precious metals revaluation soon that will cause all global currencies to again get pegged to gold and silver standards. He says this will cause the price of precious metals to massively raise in price, so you should buy now to be a millionaire in 10 years. This is supposedly some kind of coordinated response to the World Economic Forum to limit their power.

    I asked where he got this information and he said, "A Trump advisor who leaks information onto online message boards, like Facebook." I asked if he meant Q and his eyes got wide and he did the "shush 🤫" hand gesture. I live in a normal place.

    I gotta ask him next shift what he thinks of China now possessing $3 trillion of gold.

    • came_apart_at_Kmart [he/him, comrade/them]
      ·
      2 years ago

      I live in a normal place.

      aka, "Qanon Global Headquarters". lol, jk.

      i use that term to describe anywhere crackpot ideas are being actively expressed. the more narrowly defined the space, the funnier. like if i'm with someone and we see some car with wack bumperstickers, i refer to the car as being Qanon Global Headquarters. it gets a laugh like 40% of the time. in your case, i would use it to describe your co-workers house and/or work area.

      • axont [she/her, comrade/them]
        ·
        2 years ago

        My coworker has 5 children and I'm worried about their impressionable minds. Also this guy refuses to go into a building with more than 10 people unless he has a gun.

        Also I was hanging out with a different coworker the other day and he made a very specific joke about Anne Frank being fictional. I live in chud hell.

        • Rod_Blagojevic [none/use name]
          ·
          2 years ago

          Also I was hanging out with a different coworker the other day and he made a very specific joke about Anne Frank being fictional.

          :who-must-go: Come again...there's no way I read that right.

          • axont [she/her, comrade/them]
            ·
            edit-2
            2 years ago

            We were talking about pens going missing around the work area and he sarcastically says like "You know who definitely had a ballpoint pen? Anne Frank." He was joking about a widespread Holocaust denial myth that Anne Frank's diary was written in 1942 but the ballpoint pen wasn't invented until 1944.

            In case you ever are unfortunate enough to experience this particular thing: It's incorrect, the ballpoint pen was commercially available as early as 1938, but that doesn't even matter because her diary was written with a fountain pen. Otto Frank, Anne Frank's father, wrote notes in her diary with a ballpoint pen and published it in 1947.

            • Rod_Blagojevic [none/use name]
              ·
              2 years ago

              I have to navigate a lot of rightwing delusion at work, but thankfully (since I'm a jew), jews are largely absent from the worldview of my chud coworkers. It's just one more way that they fail to understand everything, but at least the really offensive innuendo isn't directed my way.

        • Alaskaball [comrade/them]MA
          ·
          2 years ago

          Hello me, sounds like life frolicking among the hogs in the workplace is as exciting and headache inducing as ever.

    • MaoistLandlord [he/him]
      ·
      2 years ago

      I asked if he meant Q and his eyes got wide and he did the “shush 🤫” hand gesture. I live in a normal place.

      :data-laughing:

  • PorkrollPosadist [he/him, they/them]
    ·
    2 years ago

    :cereal1: Imagine keeping your money in fiat, where it is susceptible to inflation. This is why keep all my savings in gold bullion.

    :xigma-male:

    :cereal2:

  • MorelaakIsBack [comrade/them]
    ·
    edit-2
    2 years ago

    Breaking News America To Move To Ill-Conceived And Confusingly Named 'Inverse-Gold Standard'

  • FourteenEyes [he/him]
    ·
    2 years ago

    FAILED STATE China announces possession of nothing but worthless, empty gold that doesn't have even a drop of latinum in it :quark:

  • Bloobish [comrade/them]
    ·
    2 years ago

    :mao-aggro-shining: "You enjoying that century of humiliation ya honkies?"