GOLD 0.51% $1,391.7 gold futures

The US is sinking ... sinking ... sinking, page-59

  1. 4,506 Posts.
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    23skidoo, Sorry I'm not sure what you are asking me in regards the USD?
    Re China I just think an internal implosion can't be ruled out. I'm not saying it will happen or is even likely, I just don't know. Two reasons I say this. There is a possibility of a peoples revolt against the current regime.
    It is also very difficult to know what China's financial position really is, with a system that lacks any form of transparency. So all I am saying in regards this last part, is that its an unknown.
    China's next announcement on gold reserves is likely to be some time off imo & I will only be shocked if its a much lower position than the market anticipates.
    I would not surprises at all to see them targeting a holding over 20k tons or something of that nature.
 
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