China Expands Gold Reserves at Central Bank For Fifth Month
https://www.bloomberg.com/news/articles/2023-04-07/china-expands-gold-reserves-at-central-bank-for-fifth-month?leadSource=uverify%20wall
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i had heard that they were trying to back the New Development Bank currency with gold
Sounds reasonable to think that that’s their intention.
China, Russia and others have been stockpiling gold for years, they know the fiat system is failing.
I'm stacking sats
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