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Major international events often accompany the surge in gold price, repeatedly confirming the investment hedging rule ‘purchasing gold in troubled times.’
A financial expert has warned that many gold deposit services in mainland China are scams.
Here are the two successes in June
The system works great if you trust the people storing the gold. If you don’t, better bring it home sooner, rather than later.
This time, it’s the buying of physical gold that takes center stage.
Behind the scenes, China’s bid to increase its power at the IMF has turned into a fierce negotiation about who will control global finance in the future.
This year, China is taking several steps to rattle gold markets.
There are many steps China has taken to get into the U.S.-led International Monetary Fund. One of the key pieces of the puzzle will likely come to fruition later this year.
The Chinese have always been in love with gold. And this year especially China is taking several steps to rattle gold markets.
China wants to have more say in the international community and it is using the International Monetary Fund as a vehicle.
An obscure area of the IMF might actually shed light on a mystery of global finance: China’s gold reserves.
After five years of hibernation, another, more obscure area of the financial institution might actually shed light on another mystery: China’s gold reserves.
China’s private sector is amassing gold and has outpaced India, pushing that country to second place in 2013, according to a mid-April report by the World Gold Council (WGC).
