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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.
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.
pi - Hold it. Long way to go and has a lot of potential in the coming years !
Binance ramadan red packets gift online now! Go and get it !
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BinanceAlphaPoints
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Hidden secrets of Alpha Points on Binance that few know
Do you have accumulated Alpha Points but don't know how to make the most of them? Discover these curious facts that will make you see them in a different light 👀
📌 1. Not just for expert traders
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Don't hold onto them for too long. Some Alpha Points have an expiration date, so check yours soon. ⏰
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📌 5. Gateway to VIP benefits
It is said that the best accumulators could gain access to exclusive advantages: early access to tokens, discounts on fees, or even special NFTs. Ready for the VIP club? ✨
👉 How many of these secrets did you already know? Tell me in the comments how many Alpha Points you have and if you've redeemed anything interesting ⬇️ .
#BinanceAlphaPoints
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