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Title: "The Only Safe Asset" - Chinese Consumers Overtake India In Gold-Buying Frenzy
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... rtake-india-gold-buying-frenzy
Published: Apr 30, 2024
Author: Tyler Durden
Post Date: 2024-04-30 03:03:20 by Horse
Keywords: None
Views: 238
Comments: 1

“Gold represents the only safe asset for [Chinese consumers] to protect their wealth against domestic inflation, asset price declines as well as against geopolitical risks,”

Poster Comment:

Price up almost $300 for the year.

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#1. To: Horse (#0)

Price up almost $300 for the year.

That is 15%; about the same as the true inflation rate.

DWornock  posted on  2024-04-30   20:53:15 ET  Reply   Untrace   Trace   Private Reply  

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