April 20 2016 Miscellany News Brief
1.) Why Are The Chinese Stockpiling Silver?: It looks like something big may happen to the silver market and the Chinese are preparing for it.
2.) China’s New Gold Fix First Step In Moving The Price Of Gold To $10,000 – $20,000: What China has essentially done is introduced their own gold fix priced in yuan. Once the world views gold in terms of yuan per grams of gold as the way of measuring and trading gold, that will mean that China is officially controlling the world’s gold market. You have to also remember that China has already acknowledged that they want gold to play a much more…
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