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the lawmaker said on condition of anonymity.
experts say the increase in interest in gold is part of a broader move away from dollar-based assets that has been taking place for a whilebut in the first nine months of 2023.
its central bank has been at the forefront of a surge in purchases of the precious metal on the international market as it seeks to reduce its reliance on the dollar.Its probably a diversification strategy and its probably part of an effort to reduce their vulnerability to any potential sanctions that the United States would pose on the Chinese financial system.Theyve been promoting the RMB [Chinese yuan] as an international currencythey havent had much luck yet.
a senior fellow at the Peterson Institute for International Economics and an expert on the Chinese economy.Newsweek/Getty ImagesRather than seeking to influence the U.
The Chinese Central Bank has been recorded adding to its stockpile of gold for 11 consecutive months.
and they see whats happened to Iran being cut off from international financial networks.we saw the video of her behind-closed-doors testimony.
I dont believe my fathers claim of fraud undermining the election.according to former federal prosecutor Glenn Kirschner on Friday.
Legal analyst Glenn Kirschner argued on Friday about why Ivankas testimony could be devastating to her fathers civil fraud trial defense.that seems to be something of a red flag.