BREAKING: This is Why Gold is Rallying[Email sent, Link in Bio]China May Throw Gold Out on the Yield Curve First.Good morning.There’s a lot going on and gold is finally reacting to it. You would be right to ask “Why now?” and “What has changed?”Everything happening is bad, but not new. What is different?Here is precisely what has changed. The world is waking up to Gold as a formal replacement/substitution of US Treasuries as the world’s Global reserve asset.On the surface of it, a very early buy-season is kicking in. But here is the catalyst. This is what is different. This is what noone is talking about, but everyone is paying attention to:A story by Reuters implying that China may issue Gold Bonds is starting a realization that Gold may finally be formally launched as a reserve asset. This is a formal attack on the US Treasury as Global reserve asset.Here is the phrase that Reuters story posted just hours ago that matters:In a war with the U.S. over Taiwan, China would need to create a global network of companies under U.S. sanctions, seize American assets within its borders, and issue gold-denominated bonds, according to Chinese government-affiliated researchersSource: https://reuters.com/world/asia-pacific/china-weighs-options-blunt-us-sanctions-taiwan-conflict-2023-10-20/…This explains why Gold is rallying, Why Treasuries are selling off, and why China continues to dump them along with the rest of the world at a more accelerated pace.This is precisely why.
- Forums
- ASX - By Stock
- US Consumer Deflation results in BIG SILVER RALLY'S
BREAKING: This is Why Gold is Rallying[Email sent, Link in...
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SVL (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $248.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 143223 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 222803 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 102541 | 0.175 |
12 | 736692 | 0.170 |
27 | 740718 | 0.165 |
48 | 1491104 | 0.160 |
33 | 1258416 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 222803 | 5 |
0.175 | 1890551 | 11 |
0.180 | 2023749 | 23 |
0.185 | 1580368 | 9 |
0.190 | 497661 | 13 |
Last trade - 09.52am 07/05/2024 (20 minute delay) ? |
|
|||||
Last
17.5¢ |
  |
Change
0.000 ( 2.94 %) |
|||
Open | High | Low | Volume | ||
17.3¢ | 17.5¢ | 17.3¢ | 88641 | ||
Last updated 10.13am 07/05/2024 ? |
Featured News
SVL (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online