Jan Gold on Nostr: Thailand Joins China in Driving Gold Bull Market Shedding its long-standing price ...
Thailand Joins China in Driving Gold Bull Market
Shedding its long-standing price sensitivity to the price of gold, Thailand is currently a gold buyer driving the price up, just like China. Present changes in the global gold market, in which pricing power is shifting East, could be a precursor to a transformation in the international monetary order. Possibly, trade in the East will settle through a system connecting local CBDCs, while any remaining imbalances are transferred in gold. https://www.gainesvillecoins.com/blog/thailand-joins-china-driving-gold-bull-market
Shedding its long-standing price sensitivity to the price of gold, Thailand is currently a gold buyer driving the price up, just like China. Present changes in the global gold market, in which pricing power is shifting East, could be a precursor to a transformation in the international monetary order. Possibly, trade in the East will settle through a system connecting local CBDCs, while any remaining imbalances are transferred in gold. https://www.gainesvillecoins.com/blog/thailand-joins-china-driving-gold-bull-market