from King World News
On the heels of an absolutely wild week of trading, shocking events are unfolding in China’s gold market.
Foreigners flee the US$, Buy Gold
April 18 (King World News) – Alasdair Macleod: Anti-dollar sentiment is underestimated, and loss of credibility has only just started. A perfect storm is driving gold higher and the dollar down, compounded by systemic issues.
In this market report for precious metals, we examine the factors driving gold higher. Its remarkable performance is doubtless confusing the wider public, leaving investors in western financial markets invested in non-performing assets while missing out on gold.