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Possible GOLD scenario - see comments (www.zerohedge.com)

posted 1 year ago by JonathanE 1 year ago by JonathanE +46 / -0

Why Have All Chinese Banks Disappeared From The LBMA Gold Price Auction

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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– JonathanE [S] 7 points 1 year ago +7 / -0

If they allowed that scenario to play out China would end up holding a vast percentage of the world's physical gold supply.

No, it wouldn't get that far because there is no gold in the LBMA for people to take out and sell to the Chinese - do you see?

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– Oblakhan 2 points 1 year ago +3 / -1

I can see that is definitely a possibility, and hope it is a fact. The opposite would not be a good outcome.

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