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Is China Ready to Deploy its Secret Gold Stash?
#forex #currency #dollar #geopolitics #russia #nato #reset
With geopolitical tensions ratcheting up between the US and China, we will be looking at China's forex reserves and whether they would be prepared to risk losing these.
Over the years there have been many who have speculated that China has a lot more gold than the official figures say so we will look at that too and how it would impact their reserves.
Money Week article - China almost certainly owns more gold than the US – here’s why that matters: https://archive.ph/i6Zfi#selection-453.0-456.0
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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Video Chapters:
00:00 Introduction
00:35 Where to buy gold and silver
02:43 China and geopolitical tensions
06:33 Russia lost its reserves when it crossed the West's "red line"
07:35 China's forex reserves
09:07 China's secret gold stash
14:09 market update
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