Brics will continue to stack metals. As usual the west will play it down trying to save their dying dollar. It might be the best looking horse on the way to the glue factory but its still dying with the rest of fiat.
Keep on stacking
(Kitco News) – Chinese demand is once again revitalizing the gold market, extending a trend that began early last year.
Gold prices remain near a six-week high, buoyed by renewed buying momentum following the People’s Bank of China’s announcement of a 10-tonne gold purchase in December. Spot gold futures recently traded at $2,647.80 per ounce, up 0.44% on the day.
This marks the second consecutive month that China’s central bank has increased its gold reserves after a six-month hiatus.
submitted by /u/Paperscamisreal
[link] [comments]
Leave a Reply