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  1. 23-03-2024, 01:13 PM #1
    Bjauck
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    Quote Originally Posted by ynot View Post
    Has been the Chinese focus for a while now but with the recent internal Chinese strife, particularly real estate, they have to park their cash somewhere.
    The big driver also being China wanting to weaken/break US reserve currency foothold.
    I guess it is always good to have a stockpile of gold during worsening geopolitical tensions.
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  2. 23-03-2024, 01:36 PM #2
    ynot
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    Quote Originally Posted by Bjauck View Post
    I guess it is always good to have a stockpile of gold during worsening geopolitical tensions.
    Based on what they are estimating, It appears like pboc are holding around $us378,000,000,000. in gold. That's above whatever the population is holding.
    Last edited by ynot; 23-03-2024 at 01:45 PM.
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