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?
  • @[email protected]English
    34•11 months ago

    From the article:

    Its gold reserves are estimated to be 2,113 tonnes as of July—the fifth largest behind the Federal Reserve’s 8,133

    • @nutsackEnglish
      45•11 months ago

      so… actually the federal reserve is hoarding the world’s gold

      • RBGEnglish
        19•11 months ago

        Now that is obviously different. Obviously.

        • @sirboozebumEnglish
          8•11 months ago

          It’s different when white people do it, bro.

      • @foggianismEnglish
        10•11 months ago

        When the Federal reserve did it, I bet it wasn’t called hoarding.

          • El BartoEnglish
            0•11 months ago

            Collect gold. Not hoard. Haven’t you been listening?