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Killy_Mel

MACRO VIEW: WHY IT IS OK TO BE CHINA

Short
CL1!/XAUUSD  
Killy_Mel  
CL1!/XAUUSD  
china Oil Gold WTI XAU historical LOW
5
0
china oil gold wti xau historical low
Answer is simple:
1) China is top gold producer
2) China is second largest oil consumer

www.perthmintbullion...ucing_Countries.aspx

en.wikipedia.org/wik...s_by_oil_consumption

WTI Oil priced in gold is currently at historical minimums and is still on risk to fall further...
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