Does that mean a producing miner's share price goes up when that miner makes a deal to sell its gold to the east? eg. western owned miner corp operating in Africa. Which then means physical supply of new gold will reduce for the west? So the price in the west eventually goes up too? So this really boils down to centralised control vs natural trade market forces?
Miners understand the real price .There is risk in western miners is that they will be "asked" to sell their Gold directly to the US Government .producers do not use Comex prices anymore for deal placement...
and: CORRECT: it always boils down to centralization vs free market forces in constant battle
I will not believe our authorities do not understand gold has been leaving for the East for quite some time, furthermore, that it is intentional. Now that our authorities openly disparage China, how can it possibly be alright for American based bankers to maintain a presence there? And if the bankers are not American, but International, how can our authorities trust them at all, as gold is legal tender around the world?
How does allowing foreign bankers, at the heart of China’s banking system mesh with her capital control policy? Understanding a gov’t can do as she wishes, just does not seem prudent (to the rank novice).
Your fans love the Audios.... tks
Vince you are the oracle. Ty bro
thanks man... spreading the word..
Does that mean a producing miner's share price goes up when that miner makes a deal to sell its gold to the east? eg. western owned miner corp operating in Africa. Which then means physical supply of new gold will reduce for the west? So the price in the west eventually goes up too? So this really boils down to centralised control vs natural trade market forces?
Miners understand the real price .There is risk in western miners is that they will be "asked" to sell their Gold directly to the US Government .producers do not use Comex prices anymore for deal placement...
and: CORRECT: it always boils down to centralization vs free market forces in constant battle
Guessing China does not worry about trust, as she seems to treat fraudsters very severely.
I will not believe our authorities do not understand gold has been leaving for the East for quite some time, furthermore, that it is intentional. Now that our authorities openly disparage China, how can it possibly be alright for American based bankers to maintain a presence there? And if the bankers are not American, but International, how can our authorities trust them at all, as gold is legal tender around the world?
How does allowing foreign bankers, at the heart of China’s banking system mesh with her capital control policy? Understanding a gov’t can do as she wishes, just does not seem prudent (to the rank novice).
settle in gld or usd. not really a commodity exchange but whatever