BREAKING: Chinese Investors Are Fleeing Fiat, Piling Into #Gold at Record Pace
China’s gold ETF inflows have more than doubled in the last 12 months, fueling a 38% surge in gold prices.
From retail to the central bank—China has never bought more gold.
Seems China is hedging with gold while the US is hedging with bitcoin. Either way both are fleeing fiat and TradFi. 🤔 interesting times we live in
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Gold Eft essentially = fiat. Sad.
