This as China and other countries continue to dump US Treasury debt at record levels.

  • Commiejones@lemmygrad.ml
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    4 days ago

    I don’t know if I would say they are preparing for something so much as them doing the thing itself. If they had slowly built their gold stocks over 5 or 10 years with a sprint at the end that would be preparation. This looks like a reaction to the global situation and maybe an attempt to shape that situation.