China is hoarding the world's gold

www.newsweek.com

107

160

China is hoarding the world's gold

www.newsweek.com

Lee Duna to

World News@lemmy.worldEnglish • 1 year ago

107

China is the world's largest producer of the precious metal, but of late its central bank has been buying up large quantities. So what is it doing with it?

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@FlowVoid@lemmy.world
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0•1 year ago
The first is not guaranteed, the others are savings not returns.
- @KevonLooney@lemm.ee
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  1•1 year ago
  Savings are better than returns because they are legally tax free. A penny saved is worth more than a penny earned.

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