boxing day for chinese gold buyers boxing day for chinese gold buyers
"gold is real wealth" is deep in Chinese mind and culture formed in 5000 years history. Once they get it, it is very hard to get it out of their hands. Jan. 1 2014 is another black Friday or boxing day for Chinese gold buyers. they wiped out all gold bars and jewelry in stores for the bargain price, thanks to American federal reserve to make the gold more affordable for Chinese. the lower the price, the more Chinese can afford the shiny metal, the more they buy and the more drain from the west gold vaults (it is 1.4 billion people market lol). this is bound to be losing game for federal reserve and cartels. they think they are smart enough to depress gold market by manipulation. but the truth is they are doing most stupid thing. see news below https://www.ingoldwetrust.ch/new-years-eve-gold-rush-shanghai-shopping-mall
Read more at https://www.stockhouse.com/companies/bullboard/t.bto/b2gold-corp?postid=22051367#cYs2Zq0vCH7gGckj.99 boxing day for chinese gold buyers
"gold is real wealth" is deep in Chinese mind and culture formed in 5000 years history. Once they get it, it is very hard to get it out of their hands. Jan. 1 2014 is another black Friday or boxing day for Chinese gold buyers. they wiped out all gold bars and jewelry in stores for the bargain price, thanks to American federal reserve to make the gold more affordable for Chinese. the lower the price, the more Chinese can afford the shiny metal, the more they buy and the more drain from the west gold vaults (it is 1.4 billion people market lol). this is bound to be losing game for federal reserve and cartels. they think they are smart enough to depress gold market by manipulation. but the truth is they are doing most stupid thing. see news below https://www.ingoldwetrust.ch/new-years-eve-gold-rush-shanghai-shopping-mall
Read more at https://www.stockhouse.com/companies/bullboard/t.bto/b2gold-corp?postid=22051367#cYs2Zq0vCH7gGckj.99 "gold is real wealth" is deep in Chinese mind and culture formed in 5000 years history. Once they get it, it is very hard to get it out of their hands. Jan. 1, 2014 is another black Friday or boxing day for Chinese gold buyers. they wiped out all gold bars and jewelry in stores for the bargain price, thanks to American federal reserve to make the gold more affordable for Chinese. the lower the price, the more Chinese can afford the shiny metal. the more they buy and the more drain from the west gold vaults (it is 1.4 billion people market lol). please remember American own every one of Chinese 1000 us dollar, that is about 0.8 ounce gold at the current price. So in therory, Chinese can use all their federal reserve notes to buy about 40000 ton gold.
Come on federal reserve, please lower the price more and let the chinese buy all the gold on earth!
boxing day for chinese gold buyers
"gold is real wealth" is deep in Chinese mind and culture formed in 5000 years history. Once they get it, it is very hard to get it out of their hands. Jan. 1 2014 is another black Friday or boxing day for Chinese gold buyers. they wiped out all gold bars and jewelry in stores for the bargain price, thanks to American federal reserve to make the gold more affordable for Chinese. the lower the price, the more Chinese can afford the shiny metal, the more they buy and the more drain from the west gold vaults (it is 1.4 billion people market lol). this is bound to be losing game for federal reserve and cartels. they think they are smart enough to depress gold market by manipulation. but the truth is they are doing most stupid thing. see news below https://www.ingoldwetrust.ch/new-years-eve-gold-rush-shanghai-shopping-mall
Read more at https://www.stockhouse.com/companies/bullboard/t.bto/b2gold-corp?postid=22051367#cYs2Zq0vCH7gGckj.99