China Stockpiles Gold Bullion at Record Rates
BEIJING – China is quietly executing one of the largest wealth transfers in modern financial history. In August, the nation bought a massive amount of gold, signaling a major economic shift. The People’s Bank of China purchased 650,000 ounces of the precious metal. This massive acquisition represents the country’s largest single monthly purchase since October […] The post China Stockpiles Gold…
We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.
