China buying up the world's
GOLD supply in preparation for new world reserve currency
In the first quarter of
this year, central banks around the world purchased 87.7 tons of gold. That
rose to 186 tons for the second quarter, and in the third quarter a whopping
399.3 tons were purchased. A shocking 300 tons of gold was purchased by China alone.
That means China is
buying up the world's available gold supply at a pace that dwarfs all the other
countries on the planet.
While the United States
of America is printing trillions of dollars in "mad money" and trying
to wage war with Russia through its proxy state of Ukraine, China is
stockpiling gold at truly astonishing levels. BRICS nations, meanwhile, are
preparing to launch their new global reserve currency that would challenge
dollar dominance and end global reliance on the SWIFT system.
This means the dollar's
days are numbered.
Get the full analysis in today's
podcast here.
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