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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.31-1.8%4:00 PM EST

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To: TobagoJack who wrote (214852)6/10/2025 10:20:57 PM
From: bull_dozer  Read Replies (4) of 217539
 
>> The F*CKING F*CKS

From Bloomberg:

China Imports the Most Platinum in a Year as Squeeze Tightens

The sprawling Shuibei market in Shenzhen, a major center for jewelers with more 10,000 retailers on site, offers a snapshot of the shift. The number of platinum retailers in the sprawling market has tripled over the course of a month, according to Yang Yang, a deputy general manager at one of the largest in the market.
...

According to Deng Weibin, the Asia-Pacific head of the World Platinum Investment Council, the slump in gold jewelry sales that started last year due to high prices has had merchants rethink their strategies.

“Long-time gold jewelers are shifting gears to platinum products as gold has become too expensive and volatile,” said Deng, who’ll be among the traders, miners, and analysts converging in London from Tuesday for the annual Platinum Week gathering. “Platinum has come in to balance out the risks and price swings of gold.”

The F*CKING F*CKS have bid up SBSW almost 40% in about 3 weeks...<G>
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