Loading ...Gold Jumps After China Reveals It Bought Another 19 Tons In July
Submitted by Tyler Durden on 08/14/2015 – 07:19 
Putting what China has just done in very simple context: China announces an increase in its gold holdings of over 58% (June and July)… and then it devalues its currency by nearly 5% in one week. Even the most brainwashed Keynesians should be able to see what is going on here by now.