Re <<Why not it's still cheap ;-0>>
Some news re gold, the nearer-physical sort
Bank of Communications website, and based on absence of new on Chinese language news sites, indubitably without fanfare, released 'new' old-fashioned and barbaric product, in own branded units of 10, 20, 30, 50, 100, 200, 500, and 1,000 grams in format of (largest physical market) Shanghai Gold Exchange good-delivery bars, with buy / sell bid / ask tagged to physical market pricing, charging commission of ~ US$ 0.43 per gram, and physically deliverable w/i 8 working days
The gold account is directly linked / wrapped within fiat savings account
Am guessing the move is strategic to help folks better navigate these troubling times in which men are women, woman can be they, winning is losing, losing is great, etc etc
Am going to guess block chaining of such gold shall be next, also without fanfare, to better assure private-party transactions' chain of custody provenance, and so make the money best of monies, for one-nation-two-currencies stratagem - must say, them communists are seriously capitalists
bankcomm.com
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