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 CCP dumps 1mil ounce of gold

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TSsoul78
post May 1 2025, 10:36 PM, updated 8 months ago

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Burningsunz
post May 1 2025, 10:38 PM

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Seems like war is ending
KoYuKii
post May 1 2025, 10:38 PM

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RT8081
post May 1 2025, 10:39 PM

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Why ?
suicideroach
post May 1 2025, 10:39 PM

kiss mah a^^
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Time to buy all
SUSipohps3
post May 1 2025, 10:41 PM

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QUOTE(RT8081 @ May 1 2025, 10:39 PM)
Why ?
*
take profit?

This post has been edited by ipohps3: May 1 2025, 10:42 PM
SUSipohps3
post May 1 2025, 10:41 PM

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del

This post has been edited by ipohps3: May 1 2025, 10:41 PM
TSsoul78
post May 1 2025, 10:42 PM

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All the gold related counters I'm tracking is red .. lol

user posted image
ZforZebra
post May 1 2025, 10:44 PM

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when uncertainty, war, yada2. gold goes up.
when stable, gold goes down.

i guess XJP and orangeman already struck some kind of undisclosed deal?
lopo90
post May 1 2025, 11:09 PM

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Gold was over bought anyway. Expected already that it'll come down

Good time to get some at cheaper price
anangryorc
post May 1 2025, 11:09 PM

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Cashing out 割韭菜😁😁
ListenToTheWind
post May 1 2025, 11:12 PM

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Cash out to fund 10 years of war.
killdavid
post May 1 2025, 11:12 PM

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XJP insider trading enriching his own people, rug pull.
Thats what everyone say bout trump when market down.
sonypshomer
post May 1 2025, 11:15 PM

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Please drop to RM90 per oz
Sukhoi35mkm
post May 1 2025, 11:19 PM

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I tot recently china announced a 2000 tonnes gold mine...time to flood the market
ycs
post May 1 2025, 11:19 PM

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arent markets closed for May 1?
thesoothsayer
post May 1 2025, 11:25 PM

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Real or fake? Other sites don't mention selling, only not buying so there's no buying pressure due to the holidays.
fu'house
post May 1 2025, 11:26 PM

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Shake the gold market.




Chyna must kejam sikit towards US pipur make gold value jatuh.
Root-X
post May 1 2025, 11:30 PM

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QUOTE(fu'house @ May 1 2025, 11:26 PM)
Shake the gold market.
Chyna must kejam sikit towards US pipur make gold value jatuh.
*
Gold value dropped only muricunts affected? 😅
SUSpetpenyubobo
post May 1 2025, 11:30 PM

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QUOTE(ZforZebra @ May 1 2025, 10:44 PM)
when uncertainty, war, yada2. gold goes up.
when stable, gold goes down.

i guess XJP and orangeman already struck some kind of undisclosed deal?
*
Don't trust CCP so easily. Most older Chinese communities diaspora around the world don't trust them fully.

user posted image

He dines with BlackRock and all the other Jewish elites but at the same time declare trade wars with them.

user posted image
SUSipohps3
post May 1 2025, 11:31 PM

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QUOTE(ycs @ May 1 2025, 11:19 PM)
arent markets closed for May 1?
*
not in the US
fu'house
post May 1 2025, 11:34 PM

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QUOTE(Root-X @ May 1 2025, 11:30 PM)
Gold value dropped only muricunts affected? 😅
*
Worldwide kut but saw some investor Muricans say all in gold for their own safety.
Root-X
post May 1 2025, 11:36 PM

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QUOTE(fu'house @ May 1 2025, 11:34 PM)
Worldwide kut but saw some investor Muricans say all in gold for their own safety.
*
Good la then, worldwide gold investors can die together with the muricunts hahaha
SUSpetpenyubobo
post May 1 2025, 11:41 PM

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QUOTE(soul78 @ May 1 2025, 10:36 PM)
China will never back gold because of its large population it needs to feed. That's why from time to time they'll announce they discover large deposits here and there to break the worries of its holders among its population.

It is too scarce to hoard because it has >1 Billion population to feed. Only fiat paper money will get its people to create activity.

If its people continue to hoard gold they fear that their citizens will lose trust in their administration.

Think of it as you have a big crowd amounting to millions but if you only print say 10 redeem gift coupons to throw into the mass crowd, will it appeal or attract participants?

That is why the Chinese RMB is artificially inflated and its value is greatly suppressed. It has >1Billion citizens to handout which rely on it for daily transactions and living.
SUSpetpenyubobo
post May 1 2025, 11:49 PM

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QUOTE(lopo90 @ May 1 2025, 11:09 PM)
Gold was over bought anyway. Expected already that it'll come down

Good time to get some at cheaper price
*
Yeah not good for short term profit taking. Too slow to rise but very stable price hold as safe heaven.

People who like to goreng stocks and take profit as a living will hate gold.

But the price is about right for people to take profit so they'll dump to reinvest into stocks that jump much faster in shorter time.
kamfoo
post May 2 2025, 12:28 AM

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buy the dip
StorMx
post May 2 2025, 03:13 AM

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Short gold, 2800 inkambing
poco loco
post May 2 2025, 04:10 AM

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no wonder gold price go back down ler
SUSredic
post May 2 2025, 04:21 AM

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Xi Ji Pee and wife selling their golds
tatmeng
post May 2 2025, 06:33 AM

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What is the best price to buy?
Gargamel_gibson
post May 2 2025, 06:47 AM

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QUOTE(redic @ May 2 2025, 04:21 AM)
Xi Ji Pee and wife selling their golds
*
Normally people go to pawn shop sell gold only when they desperately need money.....
andyng38
post May 2 2025, 06:53 AM

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nice to see so many Au eggspurts in /k biggrin.gif
Ewww!
post May 2 2025, 07:02 AM

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Only 1mil? shakehead.gif

So poor.
terradrive
post May 2 2025, 07:36 AM

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just chump change to china, 2.7 billion usd

just a quarter of a day's worth of china's 2024 government expenditure
RT8081
post May 2 2025, 08:04 AM

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QUOTE(ipohps3 @ May 1 2025, 10:41 PM)
take profit?
*
No money
dagnarus
post May 2 2025, 08:10 AM

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When Ukraine sign the deal with us, it's a huge signal that the war over the is ending.
Freshmeat21
post May 2 2025, 09:18 AM

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tenkiu, ayam buying
Wedchar2912
post May 2 2025, 11:53 AM

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pls pls pls throw more millions of kg, not oz, of gold pls... flood the market is good... make it a cheap goods...

papa don't have gold and want to buy then when it reach 300 rm per gram.
SUSpetpenyubobo
post May 2 2025, 02:57 PM

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QUOTE(soul78 @ May 1 2025, 10:36 PM)
QUOTE(Wedchar2912 @ May 2 2025, 11:53 AM)
pls pls pls throw more millions of kg, not oz, of gold pls... flood the market is good... make it a cheap goods...

papa don't have gold and want to buy then when it reach 300 rm per gram.
*
Previous metal community is different fiat money, they're finite and will always remain the same no matter how many owners they change hands.

It's like say in a room there's 10kg of gold, there are 2 persons each hold 5kg each. Either person dumps it, the total amount in the same room remains 10kg no matter how many times the quota switches.

Fiat paper money is different on the other hand. It it created out of empty promises and debt agreements. It merely means print more when I borrow favors from another person promising you will repay back in amount equivalent to the money you plan to create out of thin air such as your owe me this many amount of goods, services, favors if I lend you this amount of money by buying your debt.

So when someone dumps treasures/bonds and agreements, it merely means the lender lost trust and pardoning you for what you owe him. Your paper is worth less because you are not honoring your promise/debt you owe the other person.

Gold is different thing, it's finite physical item and will remain the same amount who dumps it or buys it collectively.

When China dumps its gold, the total amount in the market still remains the same just changed hands to some new owner.
It is too rare to increase its fiat money distribution to satisfy its citizens. Unless they want to end up like very corrupted countries where the entire country's wealth is in the hands of few cronies...

 

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