How China Uses Gold for Protection

Since December 2018, China has purchased over 100 tons of gold after not buying any for several years, according to its central bank data. Frank Holmes says this is a way for China to protect the value and credibility of its paper currency during the geopolitical turmoil of the ongoing trade war with the U.S.
-
-
Be sure to follow U.S. Global Investors on social media!
-