China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com
China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com
Source: SchiffGold.com
―
DW NOTE
China bought more gold. So did every other central bank watching the US add $1.8 trillion to the deficit through July while the Fed held rates at 3.90%. Gold is down 24.6% from January's high, which makes it cheap — not irrelevant.