Foreign Central Banks Dump Treasuries For 17th Straight Month, Continue To Hoard More Gold

Source: https://www.zerohedge.com/geopolitical/central-banks-hoard-more-gold
Published: Mar 17, 2020
Author: Tyler Durden
Post Date: 2020-03-17 06:03:10 by Horse
Views: 414

For the first time since June, China added to its US Treasury holdings in January (the latest month from TIC data).

The total for China -- the second-largest holder of U.S. government debt after Japan - rose $8.7 billion in January to $1.08 trillion.

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#1: noone222    To: Horse (#0)

The metals market isn't showing the signs associated with mass purchases.

noone222 posted on 2020-03-17 09:55:16   Reply   Private Reply

#2: Horse    To: noone222 (#1)

Because they are selling futures to drive down prices.

Horse posted on 2020-03-17 11:04:33   Reply   Private Reply