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Title: China's Central Bank Likely Owns 4,309 Tonnes Of Gold, More Than Double What Is Officially Disclosed
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... uble-what-officially-disclosed
Published: Feb 25, 2023
Author: Tyler Durden
Post Date: 2023-02-25 18:42:36 by Horse
Keywords: None
Views: 74
Comments: 1

"If the Chinese government were to buy too much gold, gold prices would surge, a scenario that will hurt Chinese consumers."

Poster Comment:

China and Russia both own more gold than they admit. The US owns a lot less. The US wanted to continue manipulating the price of gold so they borrowed 100 tons from the BIS. But, if the US really owned, 8,000 tons, why did they have to borrow 100 tons?

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#1. To: Horse, 4um (#0)

But, if the US really owned, 8,000 tons, why did they have to borrow 100 tons?

Check Bidet's garage, Jack!

Esso  posted on  2023-02-25   18:56:09 ET  Reply   Trace   Private Reply  

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