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Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE

 
jlee2027
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08/13/2022 08:31 PM
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Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Article recommends buying physical.

Anonymous Coward
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08/13/2022 08:32 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
seal
Garufal

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08/13/2022 08:33 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
No more fake money?
A epiphany I had watering my lawn one day.

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jlee2027  (OP)

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08/13/2022 08:33 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
51 years to the day that Nixon removed GOLD

https://imgur.com/a/7Dy6naj
jlee2027  (OP)

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08/13/2022 08:35 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
So basically, Asian paper "markets" were supposed to open Sunday night here, in less than 24 hours (would be 12 hours ahead over there). So, they will not open?

Confusing.
jlee2027  (OP)

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08/13/2022 08:36 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
bump
G3

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08/13/2022 08:40 PM

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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
pinned
roguetechie81

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08/13/2022 08:43 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Article recommends buying physical.


 Quoting: jlee2027


This is very big...

Oh wow
roguetechie
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Can't have a NEW WORLD ORDER w/out a 1 world "currency"
Bud Fox

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08/13/2022 08:45 PM

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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
So basically, Asian paper "markets" were supposed to open Sunday night here, in less than 24 hours (would be 12 hours ahead over there). So, they will not open?

Confusing.
 Quoting: jlee2027


Might be an interesting 24 hours
Blue Horseshoe loves GLP
Anonymous Coward
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08/13/2022 08:47 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Better start buying silver & gold right now
Psychedelic Mashed Potatoes

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08/13/2022 08:47 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
.

Last Edited by Psychedelic Mashed Potatoes on 10/04/2022 06:08 PM
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Anonymous Coward
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08/13/2022 08:49 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
That is very big.

If people who are on paper start demanding physical metal, the markets will fucking crash.

( Because there isn't any metal, and we all know it. )

muaha
Dr.TwoBall

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08/13/2022 08:50 PM

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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Wowzers!! It generates more questions than answers!!!!
I am a meat popsicle.
Anonymous Coward
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
The rothschild banks are going to be fucked.

Cruise
Anonymous Coward
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08/13/2022 08:51 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Thank you. I just ordered five 1 oz Canadian Silver coins from my favorite supplier. Three days ago, I ordered low-denomination gold coins.
Anonymous Coward
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08/13/2022 08:52 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Metals big red day confirmed.
Anonymous Coward
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08/13/2022 08:53 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Thank you. I just ordered five 1 oz Canadian Silver coins from my favorite supplier. Three days ago, I ordered low-denomination gold coins.
 Quoting: CaptainMorgan


Yeah, you got to keep them small.
Anonymous Coward
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
So much paper silver and no real silver to cover it.They know what the game is and they don't want to play anymore. People better wake up!
Anonymous Coward
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08/13/2022 08:54 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Does anyone know where the markets are at right now I'm too lazy to look.
Revbo™

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08/13/2022 08:54 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
This could be an actual financial doomsday weapon.

If this is true, what are the implications?

Bumping for discussion.
 Quoting: Psychedelic Mashed Potatoes


munch
John 8:32

And ye shall know the truth, and the truth shall make you free.
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
The shutdown of Shanghai was a hit against Western supply chains, this move will cause a shortage of physical which will nike the COMEX and LME
Anonymous Coward
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08/13/2022 08:54 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
We have been in a financial war these past 2 years. only a matter of time before a hot (real) war starts.
Anonymous Coward
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08/13/2022 08:55 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Thank you. I just ordered five 1 oz Canadian Silver coins from my favorite supplier. Three days ago, I ordered low-denomination gold coins.
 Quoting: CaptainMorgan


You'll be rich! Rich, I tell you!
Anonymous Coward
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08/13/2022 08:56 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Basically you can’t open anymore positions in the futures market starting aug 15th. If you currently have positions open either long or short, you will have until October 17th to close them. This may add actually have a short term negative impact to the spot price as a large portion of the global gold market may no longer participate, meaning less money in the system leading to a short term sell off.

Meanwhile you may want to buy as much physical as you can, as the demand will obviously explode and premiums will skyrocket.
Anonymous Coward
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08/13/2022 08:57 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
This could be an actual financial doomsday weapon.

If this is true, what are the implications?

Bumping for discussion.
 Quoting: Psychedelic Mashed Potatoes


:munch:
 Quoting: Revbo™


:munch:
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08/13/2022 08:58 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Damn these people are sharp. September should be fun. Prep for cold weather peeps. Gold and silver won't save you from what's coming. Prepping may not help either.
Anonymous Coward
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
The shutdown of Shanghai was a hit against Western supply chains, this move will cause a shortage of physical which will nike the COMEX and LME
 Quoting: Anonymous Coward 83966400


New Balance?
Justsayno

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08/13/2022 08:59 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Article recommends buying physical.


 Quoting: jlee2027


This is very big...

Oh wow
 Quoting: roguetechie81


What are the implications?
Malu
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08/13/2022 08:59 PM
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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
What does this mean? Bitcoin go up? Buy Shiba Inu?
Flying Elvii

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08/13/2022 09:00 PM

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Re: Brrrrrreaking: China ending paper trading in Precious Metals On MONDAY, could be HUGE
Better start buying silver & gold right now
 Quoting: Anonymous Coward 79624051


GLD is going to collapse in price, lots of US traders will get hurt badly.





GLP