GOLD 0.51% $1,391.7 gold futures

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  1. 2,731 Posts.
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    "The Foul Smell Of Desperation As Gold/Silver Manipulation Runs Wild – Dave Kranzler"

    OK, the western gold and silver futures manipulation machine has taken no notice of the SGE Yuan gold fix.
    I, for one, am very curious to know what China's next move will be. Clearly this is far from the end-game.
    It may be they will "live with" Comex While they remain in a heightened bullion accumulation period, as it is to their clear advantage to see the GP not rise too fast. I think it is tied into all China's trade developments , such as the completion of the integration of their CIPS interbank payment system with the European SWIFT system. In my view, that is going to be a killer development. Europe is more important to China than America in trade volume now, and America is confrontational. The new Silk Road plan includes Europe and importantly, the ME, but not America.
    23.
 
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