flower-shilling

Gold info and videos

The reason KYC exists for obvious non combatants is because our gov. have been planning tokenisation. Sooner than one might imagine you will be a criminal for holding metal. You will have to hand it in to Marrickville and have 'tokens'.
"Do not try and time the system...." Wise words.
 
Very interesting GOLD article.

China Quietly Amassing Gold as Pricing Power Shifts East​



Willem Middelkoop, founder of the Commodity Discovery Fund and author of The Big Reset, argues that Beijing welcomes lower gold prices precisely because it is still accumulating. He estimates total Chinese gold demand surpassed 150 tonnes in June alone. Official data compiled by the World Gold Council put PBoC buying for that month at approximately 15 tonnes. Middelkoop revealed that at a 2015 event in Beijing, a former central banker told him the PBoC is not the only state institution purchasing gold, identifying the State Administration of Foreign Exchange as one of the other buyers. He also noted that Silk Road countries, including China and India, have accumulated more than 50,000 tonnes since the 2008 financial crisis.

:unsure: Stack & Hold. The Chinse just might have a Plan ;)

:cool:
 
Mmm, :unsure: seems China does have a PLAN !

Gold’s Weak Hands Sold the Dip While China Backed the Brinks Truck Into the Vault​

The tourists traded the chart. The serious money bought the metal.​




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The gold market has spent the past few months running one of the oldest tricks in the trading book: shake the tourists out of the showroom while the serious buyers reverse the Brinks truck into the loading bay. ;)

:cool:
 

Bank of Korea resumes buying gold after 13-year pause

The central bank has added gold exposure through ETFs and is preparing to buy domestically produced bullion for the first time since 2013.

Initially I thought that this was going to be a " Good News " article for Gold. But as I read on my concern grew when I read :-

The BOK’s Reserve Management Group increased its gold exposure in the second quarter by purchasing overseas-listed spot gold ETFs.

Mmm, ETF's are not holding Gold. Just speculating on the price. Then I read the part that made my heart sink 😞 :-

The BOK has traditionally purchased gold only in physical form and stored it at the Bank of England :devilish:. It has not bought additional gold since acquiring 20 metric tons in 2013.

Held in The Bank of England o_O do they really think that in a Global Financial Crisis that those Shifty Fuckers in London are going to give them their GOLD ! :ROFLMAO:

Took the " Germans " 4 years to get only 1/3 of what they asked for ( it's their fucking Gold )

Koreans will never see any of that Gold again :unsure:


;)
 
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