Who cares. Profit driven means why should I hire a lazy worker who wants x2 for same job that's called efficiency. It's up to different countries to regulate foreign business taxes and minimum wage.

Think about it. The Chinese government has all the power to say to any business foreign and domestic to raise the standards, place tariffs. They know perfectly well what their workers are getting paid and the work conditions

what happened when the Jews had gold? I don't think so

So I am unsure if this is accurate, but it seems there are some people on this thread maybe they can WSB it and research

From my understanding:
Gold is a 10 Trillion dollar market, but majority of that market is paper traded with collateral.

Basel III will require paper traders to have 85% of cash to trade/settle, making it a more "real" market after implemented.
https://www.efginternational.com/zh_TW/Insights/2021/Gold-and-Basel-III.html


JP Morgan was fined millions due to precious metal price suppression not too long ago.

Given those factors, gold has never hit its real value in my opinion, I guess you can + inflation.


Basel III is implemented in Jan 1st 2022 I believe. Fact check me, lets make money foos


Also, you should have posted this in Financial / investment thread

This post was edited by KillaCee on Oct 27 2021 02:52am