InvestorsHub Logo
Followers 162
Posts 7089
Boards Moderated 0
Alias Born 04/26/2010

Re: AlwaysRed post# 35477

Thursday, 04/06/2023 7:42:44 AM

Thursday, April 06, 2023 7:42:44 AM

Post# of 36464
Does China, the most powerful economy in the world, with its powerful central controlled government, ...does that government, its personnel now continuously buying gold, know that the bankers in their own country and elsewhere in the West are fixing the prices of precious and industrial metals? Would the communist chinese government not immediately instruct their own bankers, on pain of death, to dump the price of gold 500 bucks in the weeks before their monthly purchases? So too in the Kingdom of saudi arabia, where the crowned Prince is an absolute monarch? Would he not order on pain of death, his bankers to dump the price before his kingdom buys each month, as they are indeed buying you know. Why would putin and Lulu of brazil not bring their bankers before them, and order them to get together with the other bankers and dump it by 650 bucks so they can get a better buy in their monthly purchases? Same too when these countries, make massive purchases of copper every month? Why would they possibly pay 4 u.s. dollars equivalent for copper, with their country's money, when they can easily pay 2.40 with the aid of their own major banks?