..none of this would have happened if Trump had not politicised China and driven a long lasting wedge between the two countries.
..so Geopolitics is now a large factor driving up the prices of Precious Metals. Pricing is determined by the East.
BRICS member China has sold a record number of US Treasuries and government bonds worth an incredible USD 53.3 billion in Q1 '24. Historically, this is the largest sell-off ever recorded by China. They sell dollars for physical #gold to light up the western paper exchanges. They still have 700+ billion dollars ammunition left! I believe China's end goal is to plunge the USA into a monetary crisis through gold and silver drainage. They whole fiat system is what they are aiming at. People will demand physical going forward.
