Why China is buying so much Gold | Geopolitics, Economy
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Published 2024-05-08
China's recent surge in gold purchases is driven by a complex interplay of economic, geopolitical, and strategic factors. Heightened tensions in the Middle East spurred a rush to safe-haven assets, prompting China to bolster its reserves. Domestically, instability in real estate and stock markets has fueled a shift towards gold as a secure investment. China's strategic diversification away from US debt indicates a desire to reduce reliance on the US economy and safeguard against potential sanctions. However, concerns arise over potential geopolitical implications, particularly in relations with the US and Taiwan, as China's gold reserves swell.
#china #gold #economy #geopolitics
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All Comments (21)
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China is really smart and intelligent. The USA Dollars are actually just Printed Papers backed by HP Printers.
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It's kinda dumb to keep the dollar reserve if the US openly antogonizing you, isn't it?
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US dollar is becoming much more risky, now that US is engaging in inflationary spending, and also confiscating assets of dollar holders
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China isn't buying gold, (as such) it's getting rid of currency
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Amit's content is the one we should see more on the internet. Clear, unbiased, and trustworthy. Thank you.
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Interesting! If i had that capital, i would have some flexibility. I would consider diversifying across different asset classes.
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Dollars are printed like toilet paper.
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We were always given gold chains or rings or bracelets. It cost a lot but it kept its value. In years it gained in value.
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Welcome back Amit. Please post videos more frequently. Thanks
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Thanks!
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Thank u amit sir once again.
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Kudos to your content and explanation Thank you so much for the information.
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Hello sir, love from Kech, Baluchistan, I am fond of watching your detailed, good mannered and authentic videos, kindly, make daily or continuous videos on geopolitics, multilateralism , regional as well as global issues❤
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Very informative video 👍
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good to see you back 😊
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Really wish to see more videos from you Amit sir. Very informative and knowledgeable.👍
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Thanks for breaking it down for us!
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Thank you Amit ji for this wonderful presentation.
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This is eye-opening, sir. Keep up the good work 👍
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Very informative....Thanks Amit.👐👍
