Does China Want a Lower Gold Price? | Gold Newswire
By Justice Litle, GoldSeek To the degree that the gold price falls (and the dollar rises), we are witnessing a giant geopolitical chess game in. … This massive sum is no guarantee against a China market crash. Pettit goes on to point out that China’s huge reserves amount to “5-6% of global domestic product.” This is the same rough percentage as the total central bank reserves accumulated by the United States in the 1920s. It was fashionable to sweat the hoard of U.S. …
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