GOLD 0.11% $1,311.6 gold futures

China and Russia buy they own production, it's nothing...

  1. 15,705 Posts.
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    China and Russia buy they own production, it's nothing extraordinary.

    They're not doing it because the world financial system is melting down, in the big picture it's so minuscule it's not even worth mentioning. Posts from gold companies about governments buying gold are trying to convince suckers that gold is a 'buy'. If governments are so smart why did they 'buy' when gold was much higher?

    And if they're so smart why didn't they sell when gold was high?
 
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