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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: NoneViews: 451 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.
“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.
Post Comment Private Reply Ignore Thread
#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 Trace Private Reply Top • Page Up • Full Thread • Page Down • Bottom/Latest
Price up almost $300 for the year. That is 15%; about the same as the true inflation rate.
That is 15%; about the same as the true inflation rate.
DWornock posted on 2024-04-30 20:53:15 ET Reply Trace Private Reply