China is buying lots of gold.
Last year, China added more to its gold reserves than it had in nearly 50 years.
– Increased gold reserves for 17 straight months
– Bought more gold than any other central bank in the world in 2023
– Using foreign currencies to buy, effectively reducing exposure to the U.S.… pic.twitter.com/pDGeotu4SV— Ian Ellis (@ianellisjones) May 6, 2024
China trading volume of GOLD skyrockets 400%
They know something that the world doesn’t ???#China #Gold pic.twitter.com/WaDLxrzi2J
— Vineeth K (@DealsDhamaka) May 5, 2024
China is de-dollarizing, reducing its holdings of US Treasury securities. Instead Beijing is buying gold, oil, and metals that are needed for its huge manufacturing sector.
I analyzed the geopolitical impact of de-dollarization in the world's largest economy.
(Full video below) pic.twitter.com/s4F6s7jU1h
— Ben Norton (@BenjaminNorton) May 4, 2024
They’re preparing for the total collapse of the United States Dollar. Everybody knows that the ZOG empire is operating on borrowed time. The countries that have the most gold and raw materials are going to come out on the other end of this unfolding economic disaster in the best shape. The Chinese are putting themselves in a position where they will be taking over as the world’s major power as soon as the collapse reaches its ultimate conclusion.
