RE:Jigsaw good post, but why do you think Xincas will say yes I believe the Xincas hold no relevance in this i.e. they never have...just a smokescreen. The road block was setup and paid for by an NGO.
This morning with the news on Peru was predictable. As was the sudden news this pm. The contrived news from afew days ago which pushed the price down to current levels is for whomever is the market maker for this stock.
IMHO, I believe China will use Gold to buoy their currency when the 267 billion tariff is imposed. I think their aim is to push the impact of the 25% tariff back onto the US; impact upcoming mid-term elections. If Democrats gain House majority, the trade wars may take a back seat if impeachment comes into play.
All of this has another layer to it. Turkey, Iran, Russia, Qatar, China among others are moving away from USD which is the reserve currency. As de-dollarization accelerates, more risk comes into play.
I think a weaker USD, market correction, Yuan stable, gold up...we will see if this happens :).
Danielle Demartino Booth is a former US Fed insider. You can watch her on YouTube. She has two recommendations for everyone. Be debt free. Buy precious metals. I would so recommend that you actually read up on where world economies stand with growing debt, and it's impact on individuals such as you and I. From what I can perceive, the next crisis will be far worse than 2008.