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[Post 536] What’s driving China’s gold buying spree?
By Sonicericsg  •  May 22, 2024
Summary Gold has surged to record levels this year. It's benefiting as investors flee to safe-haven assets amid geopolitical concerns and recession chatter. And there's a strong China connection. But why is gold a top choice? Roland Lim explains....
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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