You act like it’s hard to buy gold in the US.
The U.S. fears Dedollarization, the worlds wealthiest investors are pulling money out of the U.S. in the ‘de-dollarization’ trade, and buying Gold.
The wealthiest investors are pulling money out of the U.S. in the ‘de-dollarization’ trade.
....as I said, the world’s Wealth is moving out of the West, to the East.
I really don’t see any difference in where you can buy gold as long as they legally let you buy it. If I bought it at the bank, they would keep a record of it.
I can buy it anywhere else with cash and no one cares my name.
“You are not a thinker, big difference between a country who allows citizens to buy Gold from their banks ( China) and a country who forbids buying Gold from their banks ( US).”
A Chinese state bank closed retail gold accounts to new investors on Monday, two days after Beijing tweaked a long-standing tax exemption for the metal that is likely to hit retail demand in the world’s biggest consumer market.
State-owned China Construction Bank said on Monday it would no longer accept applications for one of its gold purchasing accounts without giving a reason. Fellow major ICBC also restricted new applicants but reversed the move hours later.