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

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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.

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