GOLD 0.51% $1,391.7 gold futures

china buying oil & spdr gold trust, page-35

  1. 3,107 Posts.
    lightbulb Created with Sketch. 1
    close perhaps but no cigar

    I recall hearing a story of people attending Goldman Sachs job interviews being asked "what does 2 + 2 equal?"

    The correct answer..."What would you like it to equal"

    I think the alternate veiwpoint continues to be

    1) China is not interested in paper gold

    and

    2) China is interested in the 'ability' of paper gold to make the 'real thing' cheaper to acquire

    therefore

    3) In order to make use of the 'ability' of paper gold to make the 'real thing' a bargain, they must 'appear' to be interested in the paper gold

    hey, in this case 1 + 2 = 3 !!!

    Good Evening

    (:
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.