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Matthew Loutner
China Observer
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Comments by "Matthew Loutner" (@Matthew_Loutner) on "China’s Gold Prices Drop Sharply, Gold Stocks Crash, and Gold Shops Flee Overnight | Fake Gold" video.
No. I invest in gold. The price spiked way up on April 11 due to a large Russian attack on Ukraine. Then it crashed back down to the original price on April 12. The video is right.
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@m.h.9597 Do not be so picky about my precise wording. You got my point. The price dropped 4% in 24 hours. My volatile stocks do that all the time. But gold is very stable. A novice consumer first-time gold investor who invested $10,000 expecting to make a profit, but instead lost $400 overnight would call that a crash. Your claiming that investor did not experience a crash just makes you look like a fool.
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The day after WW III nothing will be worth anything and original values will not make sense. Only food will have value. I am investing in a barrel of wheat.
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@lowspark3958 "For when they say, “Peace and safety!” then sudden destruction comes upon them, as labor pains upon a pregnant woman. And they shall not escape." I Thessalonians 5:3
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Buy the ponzi scheme while it is rising fast. Then sell it at its saturation point. 👌
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That is not the reason we change.
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@m.h.9597 April 11, 2024. Look it up on a gold chart.
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@mmmbop860 Your opinion does not matter now because you are going to Hell 🌅 for using filthy language, and you are permanently blocked for the same reason.
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@mmmbop860 What you or the media called it is of no consequence because you are not a Chinese consumer. To a Chinese consumer it was a crash. You are right about the 4%. I accidentally looked at a leveraged chart. Now you can clean up your filthy mouth because it is sending you to Hell 🌅 and you are now permanently blocked over spraying your filth in my ears.
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@m.h.9597 What to you is a "drop," is a "crash" to an unsophisticated Chinese consumer who loses $400 overnight. Admit that the Chinese experience life differently than you do. And I do not have to show you articles. You can see it plainly in a 24-hour gold chart.
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@m.h.9597 You are just a fool because you think that a Chinese consumer experiences life the same way you experience life.
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@mmmbop860 You are just a fool because you think that a Chinese consumer experiences life the same way you experience life.
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