Russia and China have been preparing for the end of the USD dollar FED machine for a long time.
Putin's gambit of letting the oil price slide suggests that they are already 'pulling the trigger' and helping the process along.
China and Russia are loaded with gold and the Shanghai gold exchange is the biggest gold market in the world.
I suggest then that they know the world economy is going to need a new 'spine' and that they would like to see gold at about $US2000 an ounce to promote stability. I am sure that the Chinese and Russian governments do not want to see rebellion and hopelessness in their streets!
Do not be surprised then if there is not a powerful, steadying hand arising within the gold markets, for all those contemplating 'jumping' from the financial ledge!
Can't see NST holding its share price, page-62
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Last
$13.88 |
Change
0.020(0.14%) |
Mkt cap ! $15.95B | |||
| Open | High | Low | Value | Volume |
| $13.85 | $13.99 | $13.78 | $43.31M | 3.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49990 | $13.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.89 | 12104 | 2 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |