China has yet to show its hand
This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good afternoon. Here is an analysis and risk assessment of China’s stoppage on public gold purchases. Transcript attached.TL; DR* The halt in gold purchases is possibly/likely a part of China’s multifaceted strategy to support the digital yuan, manage market prices, and prepare for a multipolar world economy.* China's actions include buying gold, creating trade zones, and signaling commitment to its BRICS partners.* The strategy involves leveraging gold to support the yuan, gaining international…
The skinny
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