level 4
Not_Sure_68
[Blockierte Grafik: https://www.redditstatic.com/gold/achievement_flairs/commenter_120.png]+1 · 14 hr. ago · edited 14 hr. ago
China has its own commodity exchange in Shanghai and Japan has TOCOM. I don't know why they'd much care much about crimex or the London sham LBMA/LME. You asked why they don't stack silver and I answered. Pretty much the same reason the vast majority of Amerikans don't stack PMs. They think the debt digits are the bees knees I guess.
Oh, also Chinese investors bought the LME several years back as I recall. Kinda silly that the "London" Metals Exchange should be owned by Chinese dudes, but there it is.
Edit: ah yes, Hong Kong Exchanges and Clearing bought up the LME in 2012...after 137 years of doing business. What a joke.
https://www.independent.co.uk/…4bn-takeover-7855200.html
Das ist komplett an mir vorbeigegangen, müsste man mal drüber reflektieren, in wieweit das den Chinesen in Zukunft nützt, wenn sie zu PM Währung/Yuan übergehen und den Dollar dann die Straße runterkicken....oder benutzen sie das nun schon selbst, um Preise zum eigenen Enkauf zu drücken?