China's Gold & Silver Game: Dragon's Strategy Amid Skyrocketing Prices

• Gold and silver prices are soaring globally, with India's demand decreasing due to record highs and high import duties.
• In contrast, China is experiencing a surge in gold and silver purchases, even ahead of the Lunar New Year, despite high prices.
• China, the world's largest silver exporter, has implemented new regulations requiring government permission for silver exports, aiming for greater control.
• The Chinese government is actively encouraging its citizens to buy gold and silver, with reports of people mortgaging homes for purchases.
• This strategy is seen as China's move to accumulate precious metals, positioning itself for future geopolitical and trade challenges.

Why It Matters: China is strategically accumulating gold and silver, influencing global markets while India's demand wanes.