Thursday, May 24, 2018

1 comments:

When Hong Kong Exchanges and Clearing (HKEX) bought the London Metals exchange in 2012 all the speculation was about the effects on gold trading. The primary reason for buying the LME was to obtain its warehouses and ensure a free flow of metals to points east.
BUT... what if they can now control the price, sending it DOWN so they can buy more gold and send it to China? Could they control the metals price any way they wish????

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