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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (239691)	1/9/2016 5:03:08 PM
From: stuffbug	1 Recommendation Recommended By Goose94 Read Replies (2) \| Respond to of 313086

China is implementing extremely tough policies on its gold exchange. Western banks will be part of the exchange. If they try any funny business (on behalf of the U.S.), the big boyz at those firms will be dusted by the Chinese. It may take several dustings, but the Chinese will succeed. China is not alone in this endeavour, they are supported by India and Dubai. As I mentioned, this will be a very long process, but in the end, physical supply and demand will prevail. The industrialization of India and China will create healthy demand for gold over the next 20 years. P.S. The gold contract in China is based on physical, you can't sell what you don't have. It's not at all like the CRIMEX market.