China is the world's largest producer of the precious metal, but of late its central bank has been buying up large quantities. So what is it doing with it?
Gold is used in a lot of other things than money and jewelry. For example, a sizable portion of the world’s supply is used in electronics like cellphones and computers.
So? We don’t use it for money anymore.
Gold is used in a lot of other things than money and jewelry. For example, a sizable portion of the world’s supply is used in electronics like cellphones and computers.
Oh no a country is investing in their own industrial capacity, what devious monsters!
Yeah, like, I’m generally pretty anti-CCP, but this is a non-issue, really.
Look where that got us…