China Has Taken Over Gold Price Control from the West. “If the West joins the Chinese gold buying craze, in fear of rate cuts and currency debasement, it will be a perfect storm for gold…” ======================================= People’s Bank of China headquarters in Beijing. Image via Wikimedia Commons user Max12Max, CC BY-SA 4.0. China Has Taken Over Gold Price Control from the West Jan Nieuwenhuijs Published: March 21, 2024 China Is Leading the Dance in the Gold Market Exceptional strong gold demand from both the Chinese central bank and private sector has been driving up the gold price over the past two years,…
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