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POLL: IF the US Treasury ANNOUNCES A GOLD SALE, what %age will POG decline?
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<p>[QUOTE="desertgem, post: 1616351, member: 15199"]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">Of course it is only my opinion, but I don't think China has the leverage to stop what they are doing. China tried to start touting the Yuan/Rimb as the basic currency, but that was when the US was down and they hadn't yet reach the same ending. Now the shoes are being put on the other feet. then they were going to start gold trading that would take down the US/Eur exchanges ~ hasn't happened, they actually closed down some operations. The they were going to talk the common man to deposit their money in a bank where the account was gold. The only hitch is that like GLD , the common man could only settle in Chinese cash, the gold would stay with the bank of China. China is an economic and ecological power that could crumble lower than the US any time. Since it is not the common opinion here, take your chances. </span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1616351, member: 15199"][LEFT][COLOR=#000000] Of course it is only my opinion, but I don't think China has the leverage to stop what they are doing. China tried to start touting the Yuan/Rimb as the basic currency, but that was when the US was down and they hadn't yet reach the same ending. Now the shoes are being put on the other feet. then they were going to start gold trading that would take down the US/Eur exchanges ~ hasn't happened, they actually closed down some operations. The they were going to talk the common man to deposit their money in a bank where the account was gold. The only hitch is that like GLD , the common man could only settle in Chinese cash, the gold would stay with the bank of China. China is an economic and ecological power that could crumble lower than the US any time. Since it is not the common opinion here, take your chances. [/COLOR][/LEFT][/QUOTE]
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POLL: IF the US Treasury ANNOUNCES A GOLD SALE, what %age will POG decline?
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