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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.09-0.1%4:00 PM EST

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To: carranza2 who wrote (135300)9/2/2017 10:29:49 PM
From: TobagoJack  Read Replies (3) of 217552
 
some more pondering re the disturbance in the force

by the looks of the pie chart of oil exporters to china, do not sense too many which would refuse payment in gold rmb

china, at current prices, imports about 3,400 tons gold worth of crude oil per annum

wondering what the net drain of gold would be, netting out two way trade of everything non-gold / non-oil, and china domestic / china-owned international gold production

presumably the math folks worked it all out already

asia.nikkei.com







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