Commodity Trade Mantra

Posts Tagged ‘Chinese Credit’

Chinese Real Estate Debt Settled In Silver, SGE Premium 5.7 %

Gold and silver, which have high market liquidity, are being used by the Chinese for settling debts & as a currency. Gold can be exchanged for cars and silver for houses. This means either the debt is actually worth less than half it’s value, or silver is actually worth more than double it’s value.

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