Tag: buyers of gold

Through Its Purchase Of Gold, China Is Sending The U.S. A Major Warning

| May 9, 2019 | 0 Comments
Through Its Purchase Of Gold, China Is Sending The U.S. A Major Warning

China announced yesterday that they increased their central gold reserves by 480,000 oz (approx 14.9 tonnes) in April, noting that this is the fifth straight month of increases.  The announcement also noted this brings Chinese reserves to 61.1 million ounces with a value of $78.35 billion USD, as of the end of April. This is an old story to regular readers […]

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Why Gold Isn’t Rallying After Trump’s Win

Why Gold Isn’t Rallying After Trump’s Win

Even though the markets haven’t behaved logically of late, it would have seemed a slam dunk for gold to rise if Donald Trump won. After all, we faced uncertainty around his policies, rising inflation from infrastructure spending, and higher expected growth rates. But instead, gold has headed back down more sharply. It had its initial […]

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