Mineweb - POLITICAL ECONOMY - China`s hidden gold purchase policy »
Posted By gbudavid 4 months ago in News
Evidence suggests that China is continuing to buy gold for its reserves, but is doing so in a manner designed not to over-disrupt the global gold market.
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beavith14 months ago
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go figure.
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its just crazy enough to work.
that being the case, the new de facto value of the $ is 1 toz of gold for $930.00. or less (as in 1 toz for $1000.00)
that's a sobering thought. we can watch inflation gobbling the dollar. or deflation bidding it up.
gee China! Thanks! -
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