Good news, the Western Comex and LBMA will no longer be able to control the price of Gold through their massive paper contracts and massive shorts.
Russia and China’s Gold exchanges will now control pricing through physical holdings- as should be.
1 posted on
07/20/2025 5:06:12 PM PDT by
delta7
To: delta7
2 posted on
07/20/2025 5:14:07 PM PDT by
jacknhoo
(Luke 12:51; Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
To: delta7
So, the price is going to go up or down?
.
3 posted on
07/20/2025 5:21:09 PM PDT by
TLI
(ITINERIS IMPENDEO VALHALLA)
To: delta7
Putin's ego-driven reflexive moves will undo him.
To: delta7
5 posted on
07/20/2025 5:31:36 PM PDT by
exPBRrat
To: delta7
How does one go about buying Russian Gold?
8 posted on
07/20/2025 5:42:07 PM PDT by
BipolarBob
(The Weather Bureau announced they will shut down the entire Sharknado early warning system and staff)
To: delta7
“Russia and China’s Gold exchanges will now control pricing through physical holdings- as should be”
Anything in Russia has to pay the LENGENDARY big guy his 10%.
9 posted on
07/20/2025 5:47:14 PM PDT by
TexasGator
(1.here is no Sharknado system)
To: delta7
“using alternative benchmarks and potentially denominating gold contracts in rubles”
ROTFLMAO
10 posted on
07/20/2025 5:48:44 PM PDT by
TexasGator
(1.here is no Sharknado system)
To: delta7
Russia and China’s Gold exchanges will now control pricing through physical holdings- as should be. Physical holdings are one thing. Physical exchange is quite another. As soon as the cost of the latter is encountered, paper contracts will begin to creep back in and they'll be right where we are now, only creepier.
16 posted on
07/20/2025 5:58:50 PM PDT by
Carry_Okie
(The tree of liberty needs a rope.)
To: delta7
17 posted on
07/20/2025 6:00:23 PM PDT by
kiryandil
(No one in AZ that voted for Trump voted for Gallego )
To: delta7
Russia and China’s Gold exchanges will now control pricing through physical holdings- as should be. Looks that way.
.
To: delta7
Good news...
No Islamic country should be allowed any control over the gold market...
31 posted on
07/20/2025 7:32:42 PM PDT by
SuperLuminal
(Where is rabble-rising Sam Adams now that we need him? Is his name Trump, now?)
To: delta7
Will this apply to silver also?
That would be huge if it did...
32 posted on
07/20/2025 7:43:25 PM PDT by
mac_truck
(aide toi et dieu t'aidera)
To: delta7
44 posted on
07/21/2025 1:08:22 AM PDT by
griffin
(When you have to shoot, SHOOT; don't talk. -Tuco)
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