InvestorsHub Logo
Followers 5
Posts 348
Boards Moderated 0
Alias Born 11/28/2012

Re: realtorwsm post# 2132

Sunday, 07/19/2015 5:40:13 PM

Sunday, July 19, 2015 5:40:13 PM

Post# of 47702
This was in the market on Friday and maybe part of the reason gold was down. Most likely not as no one watching what China has been doing believes this is anything but tactic by the Chinese. Reasons abound from IMF inclusion in the SDR, to stabilizing their markets, to this is just one months announcement. Interesting discussion here by China watcher Stephen Leeb.

Podcast at bottom of the article worth a listen. About 11 minutes

http://kingworldnews.com/china-may-possess-a-staggering-10x-the-official-gold-holdings-just-announced-as-china-makes-brilliant-monetary-chess-move/