• WallStreetWindow
  • Posts
  • Gold Shoots Higher As China Central Bank Starts Big Gold Buying Again

Gold Shoots Higher As China Central Bank Starts Big Gold Buying Again

In partnership with

Become A Better Trader And More Informed Investor

The price of gold rallied yesterday over $25.00, while silver and mining stocks got a nice pop, after news came out before the opening bell that the Chinese central bank had resumed it’s big purchases of gold, after having suspended them six months ago.

Central banks around the world have been accumulating more and more gold in their reserves over the past few years, but China has been the biggest buyer of them all, and stepped up their buying after Russia’s banking reserves were “sterilized” by the West in Ukraine War sanctions.

This buying has been a huge driver in the rise in gold in the past few years.

However, in June news hit that the China central bank had suspended buying gold. That sent gold down over $100 in a day and spurred a lot of gold bears into predicting a massive crash.

Now the Chinese central bank has revealed in a monthly update that it began buying gold again last month.

That’s huge news for precious metals bulls, but there is a big lesson in it too for everyone.

A lot of Americans have been selling out of their gold ETF’s, like GLD, since gold made its last peak in October right below $2800. Now the Chinese stopped buying gold and started buying again at HIGHER prices.

If the Chinse central bank was trying to time its gold purchases for a dip that dip never happened for them, because gold didn’t fall below $2400 again.

If the Chinese central bank was trying to cause gold to drop, well, they failed at that too.

And if the Chinese central bank thought that gold was too highly valued in the summer, they have now realized that they were mistaken as they are buying it again at over $300 higher.

It just shows how hard jumping in and out of something that is in a bull market is to do.

Gold and silver both started new cyclical bull markets when they broke out this March.

It looks like the Chinese central bank realized that trying to time gold purchases was folly.

Now those Americans who sold out of their GLD are learning the same thing, and if they don’t do something about it before the year is over, they too will have to buy back at higher prices next year.

No “AI” was used to write this email or edit it.

In an internet where so much is phony and fake, as of today, 9,721 real people subscribe to this email newsletter.

This Smart Home Company Hit $10 Million in Revenue—and It’s Just the Beginning

No, it’s not Ring or Nest—it’s RYSE, the company redefining smart home innovation, and you can invest for just $1.75 per share.

RYSE’s patented SmartShades are transforming how people control their window shades—offering seamless automation without costly replacements. With 10 fully granted patents and a pivotal Amazon court judgment safeguarding their technology, RYSE has established itself as a market leader in an industry projected to grow 23% annually.

This year, RYSE surpassed $10 million in total revenue, expanded to 127 Best Buy locations, and experienced explosive 200% month-over-month growth. With partnerships in progress with major retailers like Lowe’s and Home Depot, they’re set for even bigger milestones, including international expansion and new product launches.

This is your last chance to invest at the current share price before their next stage of growth drives even greater demand.

Top Financial News Of The Day

The Trading Life The Winner

Meme Life

Real Market Commentators

Also Of Interest

Savvy Investors Know Where to Get Their News—Do You?

Here’s the truth: there is no magic formula when it comes to building wealth.

Much of the mainstream financial media is designed to drive traffic, not good decision-making. Whether it’s disingenuous headlines or relentless scare tactics used to generate clicks, modern business news was not built to serve individual investors.

Luckily, we have The Daily Upside. Created by Wall Street insiders and bankers, this fresh, insightful newsletter delivers valuable insights that go beyond the headlines.

And the best part? It’s completely free. Join 1M+ readers and subscribe today.

Disclaimer: The opinions expressed in this newsletter are those of WallstreetWindow its editors and contributors, and may change without notice. The information in this newsletter may become outdated and we have no obligation to update it. The information in this newsletter is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. It is provided for information purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor or a group of investors. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. We strongly advise you to discuss your investment options with a financial adviser prior to making any investments, including whether any investment is suitable for your specific needs. WallStreetWindow is owned by Timingwallstreet, Inc. and it is not a registered investment advisor and does not provide individual investment advice. This is a publication for the general public.