Video: China's Use Of Gold For Settlement Of Trade Is Breaking London's Gold Price Fixing System
Relentless Global Gold Demand Has Suddenly Appeared
A discussion with Mario Innecco of the popular Maneco64 site regarding the developing dislocative appreciation in gold and silver as the global bond markets unwind and how China’s use of gold for global trade settlement will terminate the City of London gold and silver price fixing scheme:
Best regards,
David Jensen
Great chat, I follow Maneco and yourself of course.
Ive got half my entire wealth in physical gold and Silver, and can hold them for 10-15 years without needing to cash any, if necessary.
I dread to think what the state of the world will be in by that time when I hit age 70 then lol
I asked the owner of my mini market owner if he would accept silver grain as form of payment.
He said of course, as long as we could agree on the physical spot market value. He is Chinese BTW. I have silver he has product I need.
I have also made it clear to some of my clients that I expect payment in silver or gold when the markets crashes.
I am personally setting up my network now as I have seen it crash overnight in Argentina and venezuela as the most recent examples.
I expect this will happen globally at some point in the not to distant future.