Gold Jumps After China Reveals It Bought Another 19 Tons In July

by Tyler Durden
ZeroHedge.com
08/14/2015

Putting what China has just done in very simple context: China announces an increase in its gold holdings of over 58% (June and July)… and then it devalues its currency by nearly 5% in one week. Even the most brainwashed Keynesians should be able to see what is going on here by now.

The Rest…HERE

This entry was posted on Friday, August 14th, 2015 at 10:20 am and is filed under China, Economics. You can follow any responses to this entry through the RSS 2.0 feed.