That is what Gordon Brown did, because the sales were done years earlier, at lower prices.
Just like now.
All the Chinese I have known, and I have known a few, were degenerate gamblers and poor traders, trading the price of things they could not afford to buy.
FOA: 'However, everyone that is positioned in physical gold will carry this storm in fantastic shape.'
Replying to @mrwebber4
'the leverage today will be in a physical gold position, not any other form of gold ownership. By accumulating physical gold today, we are truly walking in the footsteps of giants; advancing with them as they work thru this singular, long term political move...
As the record US trade deficit continues to increase, the world has ever more USD with which to compete for finite US oil.
Americans can only lose more going forward. America last.
"foreign dollars" will find "no other worth" but for "the spending of them for goods". The US economy cannot stand for these many digital units to "come home", as much will be the inflation should this result!...
Is there a single verified case of any physical gold being repatriated from US or UK in the last four years?
36:00 'I was in a country in the Middle East, and also in Europe, and someone said we took our gold out of the vault in NYC...I don't want to leave my gold in America'.
youtube.com/watch?v=UkvigLsQ…
If the global oil market is fragmenting, so is the global gold market.
COLUMN: With freight rates ballooning to prohibitively expensive levels, the global physical oil market is breaking apart.
Now, it’s all about location, location, location: depending of where, crude today costs $70 a barrel — or $150 a barrel.
@Opinion
bloomberg.com/opinion/articl…






