December 26, 2015
China is joining Russia in increasing its official gold reserves on a monthly basis. Russia added a whopping 31 tonnes in August, the highest since March and the fourth highest in recent history. These two countries are by far the largest official gold buyers globally, which can only be seen in the greater scheme of things.
Russia And China Buy Massive Amounts Of Gold While A Record Amount Of U.S. Treasuries Are Sold!!!
China and Russia both form a threat to US dominance by the size of their economies (Russia is tenth largest economy, China is the second largest economy), the multilateral collaborations organized around the Eurasian continent, bold statements about the necessity of gobal de-dollarization and gold accumulation in anticipation of a new international monetary order.
Link to Gold buying article: http://www.silverdoctors.com/chinese-…
Link to U.S. treasury sales:http://www.teaparty.org/china-dumping…
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