Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / thailand joins china in driving gold bull market

GLDI - Thailand Joins China In Driving Gold Bull Market

Credit Suisse X-Links Gold Shares Covered Call ETN

2024-06-18 01:40:00 ET

Summary

  • Shedding its long-standing price sensitivity to the price of gold, Thailand is currently a gold buyer driving the price up, just like China.
  • Present changes in the global gold market, in which pricing power is shifting East, could be a precursor to a transformation in the international monetary order.
  • Possibly, trade in the East will settle through a system connecting local CBDCs, while any remaining imbalances are transferred in gold.

Shedding its long-standing price sensitivity to the price of gold, Thailand is currently a gold buyer driving the price up, just like China. Present changes in the global gold market, in which pricing power is shifting East, could be a precursor to a transformation in the international monetary order. Possibly, trade in the East will settle through a system connecting local CBDCs, while any remaining imbalances are transferred in gold....

For further details see:

Thailand Joins China In Driving Gold Bull Market
Stock Information
Company Name: Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol: GLDI
Market: NASDAQ
Menu
GLDI GLDI Quote GLDI Short GLDI News GLDI Articles GLDI Message Board
Get GLDI Alerts

News, Short Squeeze, Breakout and More Instantly...