Thursday, March 10, 2016

China and Silver - A Game Changer?

China is now involved in the "fixing" of silver. For better or worse, you decide. Rather, the charts will....

From Zerohedge:

China Is Now In Control Of Global Silver Prices

Submitted by Dave Forrest via,

China has been an unofficial price-setter for most metals over the past decade. And this week, the country became an official participant in setting prices for one of the world’s most important precious metals markets. That’s the London Bullion Market silver price. Where one of China’s largest banks just became a member of an elite group of players that controls fluctuations in this key metal.

No comments:

Post a Comment