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106 sats \ 2 replies \ @TomK OP 2 Apr 2024 \ parent \ on: Is the World Witnessing De-dollarization Amidst a Peculiar Gold Market? econ
It's probably both... seems a strong move of capital
China has been buying physical gold and storing it for many years, even foreign gold holdings by melting down the bullion and putting its own stamp on it, they have been accumulating incessantly for more than 1 decade, but now they may have greatly increased the speed of acquisition
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Looks like they feel the pressure of putting the BRICs system in place very fast
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