Jul 7, 2018 Jim Rickards has recently opined that the price of gold has been pegged by China at 900 SDRs per ounce. The linear regression slope of gold-priced-in-SDRs from October 2016 to the present day shows a slightly upward
May 5, 2016 Gold Fix, the primary price-discovery mechanism for gold bullion today. Is China laying the framework for a new world gold standard system? due to the inherent weaknesses of the current international monetary system.
Dec 7, 2017 Jim says that he is looking for China to reset the gold price and at the same out of the US dollar and as Saudi Arabia begins to sell China oil for yuam. . The current old currency the Federal Reserve Note Old Dollar will
Gold demand in China comprises consumer demand and institutional demand. 2012 to the present, annual SGE withdrawals have approximately matched Chinese . Scrap gold boosts real gold supply and has a net effect on the gold price.
Feb 9, 2018 Physical gold demand inAsia picked up towards the end of the week, as a as a pullback in prices spurred purchases ahead of the Lunar New Year in China “Retail buyers are comfortable with the current price range,” said