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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (155250)3/25/2020 2:20:29 PM
From: TobagoJack  Respond to of 220275
 
am guessing that this is where Team China sovereign and near-sovereign buyers step in, to do the needful

China is like a dense astronomical object borne of a collapsed star, from which light and gold does not escape, always a one-way inward direction for flow of gold

overtime the paper rehypothecation load on gold remaining in London / New York ... goes higher in ratio as the physical is vortex-ed into Shanghai

it is a more interesting albeit so far less consequential game as that played by China in, just for examples ... masks, ventilators, rare earth, titanium sponge, and pharmaceutical raw material

IOW, the physical buyers of gold should relax, because there is a strong hand guided by player not at all interested in selling

Of course, under such circumstances, it would be interesting to know whether China is accumulating physical silver alongside Mr JPM, with consequences on the gold : silver ratio

I have never seen any stats of China silver production / net trade - no one pays attention to silver numbers w/r to China, for whatever reasons, and am too lazy to delve into the morass