15 sats \ 4 replies \ @Satosora 25 Oct \ on: Gold’s Future Depends Crucially on China econ
The chinese are turning back to gold after their real estate market crashed?
They never really turned away from gold, but it makes sense that people are looking for a safehaven asset as the economy tanks.
There's also some speculation about the Chinese potentially seeking to bolster their currency and financial system by integrating digital gold financial transactions. That largely strikes me as goldbug wishcasting, though.
reply