PBoC in a Hurry to Buy Gold: Covertly Bought 593t of Gold YTD

PBoC in a Hurry to Buy Gold: Covertly Bought 593t of Gold YTD

SGT Report - 2023-11-08 - Original post - Cached copy

by Jan Nieuwenhuijs, Gainesville Coins: The PBoC is in a hurry to buy enormous amounts of gold, indicating it’s preparing for substantial changes in the dollar-centric international monetary system. Based on information from industry sources and my personal calculations, total gold purchases by the Chinese central bank (reported and unreported) in Q3 accounted for 179 […]

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