In at present’s video, I speak about China’s rising shopping for spree of Gold for its central financial institution. I elaborate on by exhibiting examples of how China is putting withdrawal limits of US {dollars} at its public banks, and the way this can be contributing to a capital-flight into Bitcoin because the Chinese financial system worsens.
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? Links https://www.bloomberg.com/news/articles/2019-06-10/china-snaps-up-more-gold-in-six-month-spree-as-tensions-escalate https://www.zerohedge.com/news/2019-05-07/behind-recent-crypto-surge-chinese-banks-are-quietly-running-out-dollars https://www.scmp.com/business/banking-finance/article/3008795/chinese-banks-quietly-lower-daily-limit-foreign-currency https://tradingeconomics.com/china/inflation-cpi
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