Shanghai Gold Exchange raises fix price to $6000/oz
cohodk
Posts: 19,155 ✭✭✭✭✭
http://uncyclopedia.wikia.com/wiki/UnNews:Shanghai_Gold_Exchange_quintuples_gold_price
I guess they did establish that price discovery we were all so anxiously anticipating.
Excuses are tools of the ignorant
Knowledge is the enemy of fear
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Comments
I ain't seeing it
It's all about what the people want...
Looking at Kitco, no movement in gold... silver 'seems' to be making a move....I would think if this was reality we would see much more about it.... Cannot see China paying $6000 an ounce... Cheers, RickO
I just took a quick look. the article is dated January 1, 2015. That's old "fake news". On the top it says "Welcome to the Mother Ship of amateur comedy writing!"
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l> @Billson said:
coho is an amateur economist AND and amateur comedy writer.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I was wondering how long it would take. ROFL
Amazing how I had to post this to finally get an answer to my question about the price of gold at the SGE in another thread. Seems the price on SGE is the same as COMEX. Interesting how one was touted as a manipulator and the other true. Now that is funny!!!
Knowledge is the enemy of fear
OK... yep... got me... I usually check these things first....
Not sure why I did not ... Cheers, RickO