GOLD 0.51% $1,391.7 gold futures

China reports that they didn't buy any gold in May, even though...

  1. 2,841 Posts.
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    China reports that they didn't buy any gold in May, even though a record high was reached on 20 May and the Americans smash it in June, haha probably just in time for the Chinese to start buying it again. You can almost smell the desperation in the US. Then another rigged jobs report that will be revised in a couple of week, to belt it again. The Chinese must have been wetting themselves laughing. Talk about "come in spinner".
    The American's desperation is playing out everywhere and is manifesting itself in mayhem and carnage, which has become the American way. They'll hurt a lot of people financially and kill a great many people through their lust for war but there is no doubt the US is on the way out.
    It will be interesting to see how it plays out over the next several days, weeks and months, but imo gold will not be held down for long this time.
 
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