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Posted on 5/28/25 at 8:52 am to cadillacattack
quote:quote:
It's U.S. Treasury buying back it's own bonds.
… and gold
Not necessarily buying back its own gold, just having it shipped back from London and other vaults in Europe to the U.S. At least that's my understanding from news reports back in February and March.
This post was edited on 5/28/25 at 8:54 am
Posted on 5/28/25 at 8:59 am to GumboPot
The US has been rehypothecating any foreign bullion reserves (not much) as have most countries….
the US has also been a MAJOR buyer of gold over the past year and particularly the last 4-5 months… but not nearly as much as China.
China is not only acquiring on the world exchanges, they are purchasing and shipping directly from the source mines, before it hits the reserve exchanges.
the US has also been a MAJOR buyer of gold over the past year and particularly the last 4-5 months… but not nearly as much as China.
China is not only acquiring on the world exchanges, they are purchasing and shipping directly from the source mines, before it hits the reserve exchanges.
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