China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - content.schiffgold.com
China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - content.schiffgold.com
Source: content.schiffgold.com
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DW NOTE
China bought gold again. The real story is whether they're reporting what they actually bought. The PBOC has a documented history of announcing reserves in carefully timed tranches, then revealing years later that accumulation was far larger. When a central bank that holds $3.2 trillion in Treasuries starts rotating into an asset with no counterparty risk, the dollar figures matter less than the exit they're rehearsing.