China Buys 600,000 Ounces Of Gold In July – Annualised 225 Tonnes Per Year
By: GoldCore
GoldSeek.com
Friday, 14 August 2015
China Preparing for Resumption of Currency Wars and an International Monetary Crisis
Obama and Kerry Warn Dollar May “Cease To Be the Reserve Currency of the World”
Remember Bloomberg Intelligence’s $64,000 Gold Price Target?
Reuters Global Gold Forum Interviews Alistair Hewitt of World Gold Council
Gold Trade Turns Bullish on China Currency War in Bloomberg Gold Survey
In a surprise announcement, China’s PBOC announced an increase in their gold reserves by 1.1% in July. The People’s Bank of China, now the world’s biggest gold buyer, increased its gold reserves by over 6000,000 troy ounces to 53.93 million fine troy ounces by the end of July from 53.32 million ounces a month earlier, according to data released by the central bank.
The Rest…HERE