China Just Bought a CRAZY Amount of Gold (while it’s dumping)
Nick Bencino Highlights
3,368 views
📕 FREE GUIDE - How to Retire Before 2036: my full 10-year plan for anyone starting late.
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Central Banks Are Buying Gold. So Who's Dumping It? (It's Not Who You Think)
LINK: Central Banks Are Buying Gold. So Who's Du...
If you own gold, silver, have a 401k, or hold savings, China just completed its largest month of gold buying in three years accumulating 23 tons in September alone while the price of gold was actively dumping. With gold down over 20% from its records, the world's largest central banks are quietly stepping in to aggressively buy the dip while everyday retail investors panic.
In this video, I break down why China's central bank is rapidly accelerating its gold purchases, analyzing the fallout from the $300 billion Russian reserve freeze and why physical gold in sovereign vaults cannot be frozen. We examine why China has slashed its holdings of US government debt to levels not seen since 2008, why central banks view bullion as a far safer reserve asset than the US dollar, and what this massive institutional accumulation means for your personal portfolio.
𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies and commodities poses considerable risk of loss. The speaker does not guarantee any particular outcome.
⏱️ 𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀:
0:00 - China's Massive 23-Ton Gold Buy
0:11 - What This Means For Your Gold
0:22 - How Central Bank Reserves Work
0:35 - September Numbers: Biggest Buy In 3 Years
0:46 - 23 Consecutive Months Of Gold Purchases
0:58 - Why China Buys While Gold Falls
1:10 - China's $3.4 Trillion Reserve Strategy
1:21 - The Russia Lesson: Can Reserves Be Frozen?
1:45 - Dumping US Treasuries To 2008 Lows
1:55 - Why Central Banks Love Buying The Dip
2:06 - Is Gold Safer Than The US Dollar?
2:17 - The Big Test For Central Bank Demand
2:28 - Why This Trend Is Extremely Bullish For Gold
🔎 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗦𝗲𝗮𝗿𝗰𝗵𝗲𝘀:
China Gold Reserves - Central Bank Gold Buying - Why Gold Is Falling - China Dumps US Debt - Russia Asset Freeze Gold - Physical Gold Safe Haven - PBOC Gold Accumulation - Gold Price Drop Buy The Dip - US Dollar Reserve Currency - Wealth Preservation Gold
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Let's chat!
1. Why do you think China is ramping up gold purchases while the price of gold is falling?
2. Do you believe more central banks will dump US Treasuries in favor of physical gold?
3. Are you taking advantage of the recent dip in gold to add to your personal stack?
9 Comments
China Just Bought a CRAZY Amount of Gold (while it’s dumping)
Nick Bencino Highlights
3,368 views
📕 FREE GUIDE - How to Retire Before 2036: my full 10-year plan for anyone starting late.
No hype:👉 https://www.nickbencino.finance
Central Banks Are Buying Gold. So Who's Dumping It? (It's Not Who You Think)
LINK: Central Banks Are Buying Gold. So Who's Du...
If you own gold, silver, have a 401k, or hold savings, China just completed its largest month of gold buying in three years accumulating 23 tons in September alone while the price of gold was actively dumping. With gold down over 20% from its records, the world's largest central banks are quietly stepping in to aggressively buy the dip while everyday retail investors panic.
In this video, I break down why China's central bank is rapidly accelerating its gold purchases, analyzing the fallout from the $300 billion Russian reserve freeze and why physical gold in sovereign vaults cannot be frozen. We examine why China has slashed its holdings of US government debt to levels not seen since 2008, why central banks view bullion as a far safer reserve asset than the US dollar, and what this massive institutional accumulation means for your personal portfolio.
𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥: The information contained herein is for informational purposes only and not to be construed as financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies and commodities poses considerable risk of loss. The speaker does not guarantee any particular outcome.
⏱️ 𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀:
0:00 - China's Massive 23-Ton Gold Buy
0:11 - What This Means For Your Gold
0:22 - How Central Bank Reserves Work
0:35 - September Numbers: Biggest Buy In 3 Years
0:46 - 23 Consecutive Months Of Gold Purchases
0:58 - Why China Buys While Gold Falls
1:10 - China's $3.4 Trillion Reserve Strategy
1:21 - The Russia Lesson: Can Reserves Be Frozen?
1:45 - Dumping US Treasuries To 2008 Lows
1:55 - Why Central Banks Love Buying The Dip
2:06 - Is Gold Safer Than The US Dollar?
2:17 - The Big Test For Central Bank Demand
2:28 - Why This Trend Is Extremely Bullish For Gold
🔎 𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗦𝗲𝗮𝗿𝗰𝗵𝗲𝘀:
China Gold Reserves - Central Bank Gold Buying - Why Gold Is Falling - China Dumps US Debt - Russia Asset Freeze Gold - Physical Gold Safe Haven - PBOC Gold Accumulation - Gold Price Drop Buy The Dip - US Dollar Reserve Currency - Wealth Preservation Gold
---
Let's chat!
1. Why do you think China is ramping up gold purchases while the price of gold is falling?
2. Do you believe more central banks will dump US Treasuries in favor of physical gold?
3. Are you taking advantage of the recent dip in gold to add to your personal stack?
It's the 10 year plan I'd follow if I was starting again at 40.
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