Hi A777,Firstly I did not write those. I copied the content from...

Hi A777,

Firstly I did not write those. I copied the content from Kingworldnews.com.

Secondly China is happy to take the gold at lower prices so no urge to upset the situation just yet. They still have over USD$1trillion that they need to spend/get rid of.

As to the implications, remember this word: "he who has the gold makes the rules".

Gold will be revalued higher, a lot higher during or after the collapse of the US dollar system, but not before.

Gold mining shares will continue to suffer before the revaluation.

Note: a revaluation is not the same as a bull market.

Bull market goes up in stages/phases in a continuous fashion. Revaluation is a sudden non market action, like from $22 to $35 overnight in 1933. Only this time the revaluation will be much bigger.

The gold mining companies that can survive the artificially low gold price will be revalued as well post gold revaluation.

The trouble is, the shares of some gold mining companies might have become worthless before the revaluation. But if they can survive this difficult period before the revaluation, then they will have a bright future.
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The above is all my own hallucination, so treat it as such and be careful.