To: Fungi
What about all the gold they have been buying up the last few years? is that pumping or is it real?
To: ground_fog
China has a long-term plan to make yuan a reserve currency. For that, they need more gold reserve. This does not necessarily mean that they are running a tight ship on their economy. It is not uncommon that people have a grand vision, whether it can be supported by reality or not.
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