I will ring the bell on Monday on the New York Stock Exchange, but it is funded now and it will start trading Thursday morning.
Let us start with China because there is always this big unknown of how much China is actually buying.
China has continued to take on record consumption of gold and the big push there strategy-wise is they want the Renminbi to become a global currency.
Now we are starting to see that the Chinese are pushing for special drawing rights with the IMF, World Bank, that their currency gets recognized like the US dollar.
What does this mean is a new prosperity and people end up buying gold as gift giving.
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