According to the People's Bank of China, China's gold reserves stood at 74.02 million ounces at the end of August, up from 73.96 million ounces at the end of July, marking the tenth consecutive month of gold accumulation.
This is some Pot Stock type of Action. They rob their shareholders as Gen pop comes into the market.
No, I do not know the gentleman or Ladies that run this company and I’m sure they’re wonderful people and somebody made a business decision but from the public stockholders point of view this company just shit on everybody who bought. And justified dilution is up there with a quarter pounder with cheese and a Diet Coke. It’s an oxymoron.
@ivanroman999@RockChartrand@CHSommers It's both stolen from the workers and theoretically what's not stolen, the wages paid, can be converted to capital, if there's money left over after living expenses are deducted.
In practice:
Current bottom 90% own only 10% of the stock market. Top 1% owns more than 50%.
@valkyriesrwomen@ScottPresler I’m a moderate conservative. Gas is still $3.00 a gallon, food prices are still escalating, tariffs are raising everything and the stock market is still down 1000 points from when Biden left office. We are not winning as Trump continues to lie!
Hmm I’m not sure they serve citizens. They just serve inside shareholders instead of common shareholders. It happens in the US too, just not to the same extent or prevalence. See how much equity Evan Spiegel has extracted from Snap. SBC at tech firms in general. Stock market isn’t as important in China as the US. I think the party benefits for sure but the whole “fleecing the chives” exercise isn’t really about serving country/party vs investors as much as they grift bc they can.
Optimism in the stock market is 65 points higher than in the bond market.
Investors have never (well, in 24 years) had a more disparate view of the two markets.
💥FROM ITS MARCH 23 LOWS:
*RUSSELL 2000 IS UP +104.1% 🚀
*NASDAQ IS UP +92.3% 🚀
*S&P 500 IS UP +69.3% 🚀
*DOW IS UP +65.7% 🚀
https://t.co/SkPCzxqphe
$IWM
$QQQ
$SPY
$DIA
The THY commercial playing on the biggest stock market screen, NASDAQ🔥
📍Times square,NYC
The Nasdaq Stock Market is a leading stock exchange in the world where thousands of stocks are concentrated
This is SERIOUSLY SO HUGE😭🔥
#TheBursinTurkishAirlines
https://t.co/jkfZiLKqHD