I would speculate that it's no coincidence that the Chinese banks have been working very hard over the last 3 months to secure sizeable orders of Aussie gold...whilst planning (and executing) a refresh of the yuan.
My best guess is will see some significant demand for gold in the coming months from CN but...unfortunately.... that doesn't mean much if they are the only buyers in town.
Interesting times ahead.
I would speculate that it's no coincidence that the Chinese...
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