Arcadia Economics, Released on 6/7/24

Data released on Friday shows that the People’s Bank of China did not add to its gold reserves in May, following a streak of 18 consecutive months of increases. Of course China isn’t always the most transparent country in terms of giving a clear picture of how much gold they’re actually buying. And in a world of sanctions, tariffs, and diverging international commodity pricing, Vince Lanci takes a look at the latest figures, and what to make of the message being sent.

Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and “friends and family” personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com

  china, vince lanci