Jan Nieuwenhuijs, a gold analyst specializing in Chinese markets, alleges that China has continued to secretly buy gold without reporting it to the market, benefiting from a price cool-off. Nieuwenhuijs states that the strategy of the PBOC is to purchase gold through UK bullion banks, which goes unreported by using non-traditional bank conduits. Report Alleges […]
Source: https://news.bitcoin.com/report-reveals-china-continues-to-secretly-grow-its-gold-stash-misleading-market-to-cause-price-cool-off/
Report Reveals China Continues to Secretly Grow Its Gold Stash, Misleading Market to Cause Price Cool-Off
