The gold rush is going crazy in China right now, and it's causing insane problems.
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Sources –
https://www.nytimes.com/2024/05/05/business/china-gold-price.html
https://www.businessinsider.com/dedollarization-usd-strong-china-pboc-central-banks-buy-gold-inflation-2024-5
https://www.cnbc.com/2024/05/03/china-has-a-fake-gold-problem-as-more-locals-get-scammed.html#
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