China is going to implement new rules for non SGE & SHFE (off-exchange) Gold and Silver trading.
1) Off-exchange leveraged derivatives (leveraged paper longs of leveraged paper naked shorts) will no longer be tolerated.
2) Physical Gold and Silver deliveries will be enforced.
3) Off-exchange fractional reserve Gold and Silver will be scrutinized.
4) Off-exchange Gold and Silver rehypothecation will not be tolerated (so no more Bugsy Siegel operations).
#Gold #Silver
@DarioCpx@Kathleen_Tyson_@LukeGromen@DavidLe76335983@Sorenthek
🔥GOLD TO $12,595 ON DOLLAR COLLAPSE? Myrmikan Capital Founder Daniel Oliver Makes the Case: 🔥
"The dollar’s demise is unavoidable, says Myrmikan Capital’s founder
The endgame, per Oliver, is either that the government defaults or it orders the central bank to buy all Treasurys, destroying the dollar."
https://t.co/E9A7wpuGO2
@NoLimitGains Now China and probably others will push paper silver down so they can buy it cheaply. Well, the best thing the West will do with the banksters now is to push silver up.
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@NoLimitGains However, the banksters did not count on the fact that silver is becoming a critical mineral and the rest of the world will be hungry for this metal.
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