Money & Economics

Well all I know is that the Big Boys (Goldman, Citi, Chase, etc) all predicted $3500 by end of year. It's looking like it may get there this week. $3415 and climbing
 
  • Like
Reactions: mat200 and vandyman
Here's a more updated list.

Problem is nobody really knows. The US and China in particular don't want their true reserves to be publicly known.
There HAS been quite a bit of demand for repatriating Gold from European countries, stored here.

I wonder how much of that European gold was plundered from the Americas way back when. Maybe it's a bit closer to home right now.
 
  • Like
Reactions: David L and mat200
I wonder how much of that European gold was plundered from the Americas way back when. Maybe it's a bit closer to home right now.

A lot of the Silver from the America's ended up in China back in the day ..
 
*TRUMP: TARIFF ON CHINA WILL NOT BE AS HIGH AS 145%

*TRUMP: IT'LL COME DOWN SUBSTANTIALLY BUT WON'T BE ZERO

Current Tariffs make almost all business shut down between US and China, hopefully they will have a deal soon, but will be not 0.
 
*TRUMP: TARIFF ON CHINA WILL NOT BE AS HIGH AS 145%

*TRUMP: IT'LL COME DOWN SUBSTANTIALLY BUT WON'T BE ZERO

Current Tariffs make almost all business shut down between US and China, hopefully they will have a deal soon, but will be not 0.

1745375146060.png
 
  • Haha
Reactions: johnfitz
1745375146060.png

funny but there's no option to fold once you're all-in :)
 

'ATM' That Melts Gold Down, Sends Funds To Account Spotted In China​


With Chinese traders continuing to send physical gold premiums higher, a new 'ATM' has been spotted in Shanghai that accepts physical gold, melts it down, determines its purity and weight, and then sends funds to one's bank account within 30 minutes.
 
This is simple explanation of what Trump is doing with the tariffs, which we already know...

 
  • Like
Reactions: bigredfish