[HN Gopher] China Has Taken over Gold Price Control from the West
___________________________________________________________________
China Has Taken over Gold Price Control from the West
Author : hggh
Score : 12 points
Date : 2024-03-24 22:22 UTC (37 minutes ago)
(HTM) web link (www.gainesvillecoins.com)
(TXT) w3m dump (www.gainesvillecoins.com)
| ilamont wrote:
| "... by which they have taken over control over the gold price
| from the West."
|
| Poor choice of words. While there may be increased demand from
| China and an increase in prices as a result, it's not like the
| regime sets the price of a globally traded precious metal, is
| cornering the market, or has taken such control from "the West."
___________________________________________________________________
(page generated 2024-03-24 23:00 UTC)