Gold Telegraph
@GoldTelegraph
BREAKING NEWS CHINA’S GOLD-BUYING SPREE EXTENDS TO 18TH STRAIGHT MONTH
Another one.
Saudi Arabia fears storing reserves in the West, while suspicions arise that China’s gold purchases over the past 18 months surpass reported amounts. It is not a secret that China and Saudi Arabia have become closer. The petrodollar. Many mistakes are being made.
Saudi Arabia is raising concerns over their own reserves held in the West due to the potential seizure of Russian assets.
This is massive news. The chess match is getting very intense.
We are one wrong move away from the system dramatically changing.
A revised minerals-for-infrastructure agreement between the Democratic Republic of Congo and China, which will provide billions in financing to Congo, is contingent on the price of copper. China is hunting for copper and getting aggressive. Don’t sleep on this.