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China Makes its Mark on the Gold MarketPUBLISHED BY JULIEN CHEVALIER | MAY 30, 2023

6/2/2023

While all eyes are on the financial turmoil on both sides of the Atlantic, China is taking advantage of the situation to buy large quantities of gold. For the first time in several years, the People's Bank of China (PBoC) is once again publishing its purchasing data. This change in behavior is not insignificant, and testifies to the country's determination to establish itself as a major player in the gold market. According to official data, the Middle Kingdom is now the world's sixth largest holder of gold.

If you want to read the entire article,
https://goldbroker.com/news/china-makes-its-mark-on-the-gold-market-3101

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What if CBDCs Became The Only Form of Currency?PUBLISHED BY PHILIPPE HERLIN | MAY 25, 2023

6/2/2023

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Central bank digital currencies (CBDCs) are the talk of the town, with most of the heads of issuing institutions talking about more or less concrete projects. Their aim is to not be outdone by cryptocurrencies or easy money transfer applications (such as Lydia in France), but to enable instant transfers from a smartphone. That's the initial idea. Other, less avowed ambitions are to render cash useless, and thus be able to track all local transactions in order to combat undeclared work (and terrorism, an irrefutable argument). Its promoters are even credited with the technically feasible aim of making money programmable ("You've used up your carbon quota, so you can't buy plane tickets")...

You want to read the whole article,
https://goldbroker.com/news/what-if-cbdcs-became-the-only-form-of-currency-3100

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China Makes its Mark on the Gold MarketPUBLISHED BY JULIEN CHEVALIER | MAY 30, 2023

What if CBDCs Became The Only Form of Currency?PUBLISHED BY PHILIPPE HERLIN | MAY 25, 2023

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