Who Dropped $1B on Gold in a Single Trade? 'Something Big is Coming': Eric Yeung
Commodity Culture
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Gold's Evolving Role in Global Trade
This chapter explores the establishment of offshore gold vaults by the Shanghai Gold Exchange, focusing on their implications for BRICS nations and efforts towards de-dollarization. It discusses the recent monumental trade in GLD and the potential revaluation of U.S. gold reserves, analyzing their impact on the economy and gold prices. The conversation highlights the significance of these developments in shaping gold's future as a key asset in global commerce.
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