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Maddog
Point is was any physical changing hands or just paper trades. Maybe a deal on cheaper prices to buy it up because theyre not selling. Where’s the receipts!
Maddog
There might have been a premium in there on top of the vat tax since I don’t think they were announcing prices with tax included.
goldielocks…buygold
Re China VAT…the premium has sat @ 13 % for quite a while, if it was a non VAT prem then metal would be flooding into China, it’s easy money.
This week we find out just how big the shortages are, as this sell off is a gift to those who must buy etc….
Buygold Vat tax
It is my limited understanding there’s two types of trading. That the vat tax which is 13 percent in China is only charged when the physical metal as silver is going to be delivered.
I didn’t hear that quote yet on that video but would be more discovery on the manipulation that this pull down was strictly or near paper traded down. Another form of a bail out only privi to them to know about at everyone else’s expense when they make a mistake?
This popped up on my YouTube feed – pretty informative about what happened. Also, no VAT in the Shanghai price
I suspect this is AI as well though.
I’m a MAC man
Have been since forever. I have seen Macs used professionally at video editing stations at a TV station back at the turn of the century. The Gold Trains here run on an old Mac laptop. Now they have changed the CPU chip, so a whole new machine will be the next ‘upgrade’.
I’m starting to play with linux on another laptop. Nothing serious yet.
