Yet I hear China continues to buy gold by the tonne❓ I don't know from who, but if true: with what currency? 🤷
Also, such aggressive buying should be driving the price of gold even higher than it has already risen. Some reports claim that China is controlling the price of gold so that they can continue to purchase it in large quantities. ❓
Gold is NOT an investment. It is a hedge. Investments generate a return.
SpyNavy
Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)