Thread 61178623

DONT LET CHINA DUMP GOLD!!!!
ALL TOGETHER WE CAN STOP THE CHINKS ..PLS
do what you did with fag meat for gold!

NOOOOOOOOOO BIZ WHYYYYYUY

If youre leveraged (like me) realize the loss and walk it off. I got too cocky.

>>61178672
aaaaaaaaaaaaaaaaaaa fuck why did i trust the fucking fag rock holder they said this would be fine they said it would recover why is it dumping

>>61178672
>leverage
Kek you niggers even use it with gold?

bastards day before yesterday it only fell 3%

bastards yesterday it only fell 6%

bastards today it only fell 1.5% more

bastards tomorrow it only fell 8% more.... why are you like this

>>61178623 (OP)
Chinese central bank is the ones that have been buying gold for like a decade, the fuck are you talking about

NYC and London are the ones tamping gold prices. They don't want gold to compete with western treasuries. China is in the process of propping their currency up with gold.

>>61178623 (OP)
The Chinese have done nothing; they are the biggest buyers of gold. Western stock exchanges are trying to suppress the price, but they won't succeed in the long run. It's over; the age of precious metals has arrived.

>>61180450
let me get this right China's printer goes Brrrr a couple of months ago roughly 72 days ago and then gold started going up and no one is questioned the value of the Chinese yuans no one they're buying gold with Chinese yuans

what fucking backs the value of the Chinese yuan fortune cookies or some shit are they still fucking with their 10-year bonds I'm trying trying to wrap my head around on how they're getting the value to pay for the gold

I thought they bought up like a fucking ton of mines and like Africa or some shit

>>61180471
They've been doing it for over a decade lmao, and it's like the west just caught on a few months ago

China's been going around to gold producing countries that the west stopped giving a shit about and offering them loans they know those countries could never pay back. They use those loans to make ports and roads, and other infrastructure. And then China gets special rights to the minerals. They go right into the mining companies and haul out "dore bars" by the truck load and then take it back to China to refine it themselves. That way they don't have to report their gold hoard to the international banking cartel until they're ready to assert themselves. And it feels like we're reaching that point very quickly.

Once the trade war started heating up, China start ed encouraging their population to buy up metals from the west. Since the west is the price setting mechanism, you see the gold just rocket up from all the chink and jeet demand. They almost broke London over silver just like a week ago. This is the next leg of an invisible war that people think is just a few idiots lining up outside coin shops. This is far bigger than most of the west realizes.

>>61178623 (OP)
You clearly don't understand how the market you've invested in works. China isn't dumping gold, dumbass - they're continuing to acquire gold. What's dumping are holders of paper gold, and they're dumping because they're mostly jews who never expected that they would ever have to deliver. As demand has increased and markets have increased margin requirements, trading paper gold becomes more financially dangerous to people who have no interest in physical gold except to be parasites on the market. The recent dunps in gold and silver are the worst of these parasites leaving the market. This will make the gold and silver markets healthier and less volatile. Unless you invested in gold more tjan a weeks ago your investment is still doing great. If you invested last Thursday, all you have to do is wait a month or two and you'll be back on track. Precious metals are not alt coins - they'll never become worthless and unless a Cold War ends and all the central banks decide their countries will never need a safety net again (which was an incredibly unique market condition for a decade 20+ years ago), the value of gold and silver will always trend over time to beat inflation of any fiat currency. China is buying gold, not dumping it. Don't be retarded. Gold isn't an alt coin. Everything will be fine.

>>61180499
so what you're saying is is we need to Nuke the part of Hong Kong and then use tomahawk missiles on all their mines ...

>>61180517
I don't know Brazil's cooking up their own Central bank token type shit and they're the ones that are like the leaders of brics I think that what China is doing is going to kind of backfire a little bit not severely not enough for you goldfags to be mad but just enough and things are going to be able to start sliding more into crypto I think it's going to be a 50/50 sum game at this point too many retards think cryptos super valuable too many retards think gold is valuable still

China's clearly fucking over the world though I'll say that much and it's only so long before things implode on them because you can only be a douchebag to the entire world for so long fuck look at the United States now they're financially fucked and they were like massive douchebags right for like a hundred years I think for trying to stop doing their bullshit it's going to take an actual bomb like they're actually going to have to like get bombed by like fucking proxy war or some shit by likeTaiwan

we've already had a pretty crazy 2025 2026 is probably going to be goddamn insane I saw 30-year bonds in the United States skyrocket and I was like that's it that's the end of the American fucking treasury backed currency
a lot of people think that the dollar is backed by gold is not it's backed by treasuries I think those treasuries are backed by gold debts so here's the hope and we get rate cuts

Who the fuck still thinks the dollar is gold-backed in 2025? Have you ever even picked up a book jesus christ

Most people don't know WHERE the fuck the dollar or its value derives other than "the government" and don't spend any time thinking about it beyond "I need more money."

>>61180566
Well where is the value from then Mr. Smartypants

What China is really attacking is the price setting mechanism of the west for gold. If you read about what's been happing to London's metal exchange for the last few months, you might start to grasp some of the picture.

>>61180576
It is treasuries, but my point is that most people don't think the dollar is gold backed. Even when I was kid going to school in the dipshit 80 IQ south, people knew the dollar was "faith backed."