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Have you done a video on how China is controlling the gold market now? Seems rather important for a metals blog to cover.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Not sure that they are. Correlations exist that dont prove an underlying theory as to why.
I recently did a video on what drives the gold market and mentioned the Yuan/gold correlation but am not convinced it means what the gold media insists it means.
Remember the Yen dollar gold correlation? The money supply gold ratio? the US debt gold ratio- they all broke down
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Like anything, it is based on the totality of evidence, not the single CNY/USD/XAU movements of late. I assumed you were into investigating that sort of thing? Perhaps not.
I don't think we'll be seeing any formal announcements from our trusted money masters that China controls the gold price now. It's their stock-in-trade to push fake reasons suitable for mass consumption to explain major monetary shifts. I'd expect this major shift to follow suit, if they ever acknowledge it at all.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
I am going to add to gold reserve too .
Do something Danke
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What kind of stupid ass post is that? No one said anything about conspiracy of the price not rising. The TOPIC is about whether CHINA is now controlling the price of gold via yuan manipulation. GTFOH with that nonsense. You've naysayed everything I've posted for YEARS on this topic, it's all happening and not once have you admitted I was right, instead you continue to post more naysay horse$#@!. -rep
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
You could have started there instead of your standard Zippy troll posts. I imagine your giant red rep bar wouldn't be so horrendous otherwise.
Good write-up here.
https://www.sprottmoney.com/Blog/usd...-02082018.html
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Not seeing any relationship but thanks for the link.
https://seekingalpha.com/article/4115766-yuan-gold
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"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Does China controls the market? It has a big influence as it's the one of the top world economics. http://kazspecgeo.com/en/invest/mining-gold.html
Also some other asian countries has large gold deposits, I don't remember which one.
"Let it not be said that we did nothing." - Dr. Ron Paul. "Stand up for what you believe in, even if you are standing alone." - Sophie Magdalena Scholl
"War is the health of the State." - Randolph Bourne "Freedom is the answer. ... Now, what's the question?" - Ernie Hancock.
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