Comstock Inc (LODE): Did you see China's play this past week....

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Re: stocktrader1 post# 20096

Monday, 07/20/2015 5:15:45 AM

Monday, July 20, 2015 5:15:45 AM

Did you see China's play this past week. First they say they haven't much gold while this past month their holdings/gold stock pile increase some +%50 percent this past month alone. Then today its announced they're selling it big time ( large volumes) which is crashing the price of gold through critical support areas.
http://www.zerohedge.com/news/2015-07-17/china-increases-gold-holdings-57-one-month-first-official-update-2009

http://www.cnbc.com/2015/07/19/gold-hits-5-year-low-as-bets-mount-on-fed-hike.html

So will they scoop it back up at record lows or are they really that hard up for money?

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