According to China Daily, the goal is “to ensure the efficient development of the trade-clearing system for gold and alignment with international gold standards.”
When the price of gold plunged on Friday, Chinese investors lined up at the only Singapore bank selling gold products to retail customers to take advantage of the dip.
Mainstream financial journalists are welcome to join us, though documents have been sent to them many times over the years, sometimes even handed to them face-to-face, without result.
If gold and silver are entering a higher-volatility era, investors who plan ahead and stay disciplined will handle it better than those who react to every spike and dump.
While I have been saying for a long time that the metrics by which we measure the economy are broken, the mainstream media is finally waking up to that, too.
