If China is so “smart” by buying more Gold than is actually mined each year, how can you explain their equal excitement over US Treasury Bonds?It was a rhetorical question intended to break through the groupthink and pessimism that exists among some within the silver "stacking" community. (No doubt I hit a nerve, as only 10% of the YouTubers I shared my video with have replied.)
So surprise, surprise. Today ZH reports that China has dumped $48b in US Treasury bonds. China now holds only $1.269T in US Treasuries.
No news yet if china is selling their gold.
Related: check out this nice response to my Precious Metals videos!
Check out his precious metals videos!