GOLD 0.51% $1,391.7 gold futures

The Chinese govt have been encouraging their citizens to buy...

  1. 778 Posts.
    The Chinese govt have been encouraging their citizens to buy gold for a while now. Looking at Dub's video(Thanks Dub), they are now No 1 producer in the world and are going hammer and tong to get as much as they can out of the ground.
    What would happen if the Chinese have a hidden agenda...that is to back their currency with gold...Game over?? Suddenly the stongest currency in the world..WW3 won without firing a shot..and most of it's citizns have savings rather than debt...just a thought
 
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