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Looking to increase their gold holdings and dillute their national currency simultaneously. We live in a world of playing chicken with our nation's material wealth.
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Looking to increase their gold holdings and dillute their national currency simultaneously. We live in a world of playing chicken with our nation's material wealth.
If anything, it seems like China's looking to increase their gold holdings. They've been gradually unwinding their position in US Treasuries for a while, but I'm pretty sure it's just been normal central bank "borrowing".
Unfortunately, it's not obvious enough.