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The China Syndrome

May 22, 2024

Are we witnessing an epochal shift? Are the COMEX and LBMA losing their roles as precious metal market price maker for the entire world as influence and control shift to China? Maybe. Frankly, it’s too soon to know. But things certainly appear to be trending in that direction.

And what would a shift in the balance of pricing power to China mean? The western Fractional Reserve and Digital Derivative Pricing Scheme has persisted for nearly 50 years. If the price begins to be driven by eastern physical demand instead of western paper supply, what might be the impact?

Perhaps we’re already seeing that.

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