Chinese financially literate individuals understand that the People's Bank of China is not actually 'buying gold' but rather 'selling dollars' and exchanging them for gold as a policy of winding down dollar and euro credit exposure
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Speaker
Alistair McLeodEvidence Quote
“when people say that the Central Bank of China the people Bank of China is buying gold they've actually got it the wrong way around it's not buying gold what they're doing is they're selling dollars”
Source
Alisdair Macleod: Banking Chaos - Silver Explosion Inevitable! Trainwreck Like Never Before— As Good As GoldCreated: 8/12/2026, 6:02:11 PM
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