I wonder if they have a price they want to fix it to in China. How will that effect the other currency prices since they are not the reserve currency. In China the pog is bouncing around but appears to be correcting. Currently over 8K
Armstrong currently warns that rising interest rates will cause closure of some mining companies. Perhaps but perhaps rising interest rates will be the catylists. It appeared to be with the first interest rate adjustment up gold started moving. I don’t think he would deny that but only time will tell. It is perhaps why he say the dollar and gold, even equities will move up together. I already figured that out so I can read into it.. I think.. Lol as long as he doesnt change his mind.