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ARD565
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Current & Upcoming Trend on Financial Markets: This past month alone china has dumped 22.2B$ of USD treasury bonds in open markets. This is part of its overall strategy of taking forward the idea of de-dollarization of markets which ironically is supported by many countries too. On the other hand , it has been buying Gold on an incremental basis over the years. Right now China has the largest repository of Gold than any other country in the planet. Basically there are two primary advantages on this strategy of China. 1. IMF accepts gold as one of the payment modes. 2. No country can meddle with the prices of gold on international markets. It's purely driven through demand and supply. The best option for traders at the moment of high crypto volatility is to buy the gold altcoins such as #PAXG #XAUT which are primarily pegged against gold. On a long run these are expected to give good returns.
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pi - Hold it. Long way to go and has a lot of potential in the coming years !
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