It looks to me like another salvo in the "Gold War" was fired today by Russia and China. It didn't raise much attention in the media and yet I believe it will have positive effects on prices. Both snippets of info occurred on the same day and would be indicative of coordinated action by the Bear and the Dragon against the Eagle.
The Russians stopped adding VA Taxes on purchases of Gold and the Chinese started to actively lift restrictions on Gold imports which have been in place for the last few months.
This will drive additional demand and should push up prices.
Yet another play in the move towards de-dollarisation.
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