This weeks gold price gaped up on the fourth trading day due to speculation that the Chinese Fed and Central bank plan to stockpile rare-earth metals.
Such a strategy will work to hedge against volatile global rare-earth metal prices. This strategy will not only limit Chinese exposure in price movements, but will certainly add to what already is a dominant 90% control of total global rare-earth supply.
If this isn't a bearish signal for currencies and equities, I don't know what is.
Is this signal strong enough to hop on the gold bandwagon, again?
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