Loading ...Wonder if that has anything to do with the new Chinese Gold Exchange Buygold mentioned the other day. Opening Sept 22 ? Was not impressed much once someone posted how Goldman & Thieves were part of it, ….but ya never know. This time it just might ‘be different’ afterall.
Not sure why the Chinese want to open their own exchange anyway ? Sometimes I have a hard time making the conversion from American thinking to Chinese thinking. American thinking is all about the ‘money’ and for the most part is short term. Chinese, I think they are approaching all things of ‘value’ (commodities) from a different point of view. That of acquiring as many/much as they can, and their view of the world is short term equals decades. And their goal I don’t think is so much about the money, as in world power and dominance. Have to wait and see how this plays out.
Best, Farmboy