China is putting a floor under the gold price and most people haven’t noticed $XAUT $XAU
Every time gold dropped China accelerated its purchases.
March: 4.98 tons. Gold at $5,400.
April: 8.09 tons. Gold at $4,600.
May: 9.95 tons. Gold at $4,400.
June: 14.93 tons. Gold at $4,200.
July: 19.91 tons. Gold at $4,100.
August: 20.22 tons. Gold at $4,300.
September: 23.02 tons. Gold at $4,300.
The lower the price, the more they bought.
September marked China’s largest monthly purchase in 3 years.
23 consecutive months of official gold buying is not trading.
China is draining physical gold from global markets to build a gold backed financial system to replace the dollar.
Retail investors are selling gold because interest rates rose.
China is buying every ounce they can find.
You need to be stacking gold for what is coming...
#GOLD #BTCVSGOLD
Every time gold dropped China accelerated its purchases.
March: 4.98 tons. Gold at $5,400.
April: 8.09 tons. Gold at $4,600.
May: 9.95 tons. Gold at $4,400.
June: 14.93 tons. Gold at $4,200.
July: 19.91 tons. Gold at $4,100.
August: 20.22 tons. Gold at $4,300.
September: 23.02 tons. Gold at $4,300.
The lower the price, the more they bought.
September marked China’s largest monthly purchase in 3 years.
23 consecutive months of official gold buying is not trading.
China is draining physical gold from global markets to build a gold backed financial system to replace the dollar.
Retail investors are selling gold because interest rates rose.
China is buying every ounce they can find.
You need to be stacking gold for what is coming...
#GOLD #BTCVSGOLD