China is the "Secret" Gold Buyer (Confirmed)
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* Discussion: Secret Gold Buyer Confirmed
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Discussion:
1- Secret Gold Buyer Confirmed
In a post written for Monetary Metals titled: Chinese Central Bank Just Secretly Bought 60 Tonnes of Gold the author writes:
The People’s Bank of China (PBoC) is covertly buying very large amounts of gold, adding upward pressure to a tense gold market.
According to Chinese customs, gross gold import into the Beijing region for September accounted for 69 tonnes, which is roughly in line with…
The skinny
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