China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - SchiffGold.com

China Officially Adds to Gold Reserves as It Shifts Away from the US Dollar - SchiffGold.com - SchiffGold.com

Source: SchiffGold.com

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DW NOTE

China bought more gold in September. The PBOC has now added to reserves in 12 of the last 15 months. This is not diversification — it is systematic exit from dollar exposure while gold trades 21% below its January high. Beijing is buying the dip that Western funds are selling.

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