• Financial Survival Network
  • Posts
  • Is China Going to Play the “Gold Card” Next Month? Plus the Economy is Beginning to Collapse Again.

Is China Going to Play the “Gold Card” Next Month? Plus the Economy is Beginning to Collapse Again.

November 13, 2023

As we kickoff the final three weeks of trading in November, some are wondering if China is going to play the “Gold Card” next month? Plus the economy is beginning to collapse again.

The “Gold Card”

November 12 (King World News) – Email from KWN reader C. Perkins: I’m seeing rumours about an upcoming PBOC (People’s Bank of China) meeting early next month to the effect China is finally going to play “The Gold Card” (presumably with Russia’s wholehearted support and endorsement). And, if true, this would certainly provide the impetus for the next move higher in gold, and that will take silver along for the ride. And then, the miners. Or, they might play their “canary” role and start moving ahead of the metals themselves, as they oft-times do.