GOLD 0.51% $1,391.7 gold futures

Gold pattern pointing up, page-39

  1. 9,576 Posts.
    lightbulb Created with Sketch. 310
    The evidences are there if you bother looking of them...

    The Chinese and Russian govs are always do things in secrecy, especially to do with the current effort in asserting the their currencies as part of the international reserve currencies. All to do with the new world economic and political merging supper powers.

    Of course, in order to compete with the USD as the world reserve currency status, they must boost their gold reserve gradually matching the US Gold holding as declared by the Fred Reserve.

    The US should not hold on to the Gold reserve if they think gold worth little.. Just imaging how many countries would simply dump the USD if the US RS comes out and declare they have no Gold to back it up ..

    All to do with credibility and perception I reckon ...
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.