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China Is Stacking Gold! Why?
China Is Stacking Gold! Why?
China is stacking gold.
Why?
In this episode of the Midweek Memo podcast, host Mike Maharrey takes a deep dive into Chinese central bank gold buying, pinpointing the reason China is rapidly expanding its gold holdings.
Simply put, it doesn't want to depend on dollars.
Mike also explains that the de-dollarization trend goes well beyond China and could have significant ramifications for the U.S. economy.