China’s Gold Imports Surge After International Prices Slump - Bloomberg.com
Source: Bloomberg.com
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DW NOTE
China has been buying every dip in gold since 2015. When London fixes below $4,100, the PBOC appears. This isn't tactical positioning — it's the slow, methodical replacement of dollar reserves with metal that can't be frozen by executive order.
Oil prices hit the $100 per barrel mark early on Wednesday in Asian trade as the ongoing crisis in the Middle East has diminished hopes of U.S.-Iran talks and a return to normal oil flows soon. As of early morning trade in Europe on Wednesday, the international benchmark, Brent Crude, jumped by 2.2
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.
The World’s Biggest Wealth Fund Has $215 Billion In US Treasurys. It Wants To Cut Back. - International Business Times
Atiku Abubakar Sounds Alarm as Nigerian Exchange Records N266 Billion Foreign Capital Flight - streamlinefeed.co.ke