...strong reason for people facing weakening domestic currency to hedge against loss of purchasing power by buying local denominated- Gold & Silver.
..take a look at JPY Gold.
Gold Price in Japanese Yen (JPY) - Live Price and Historical Chart | GoldBroker.com
Yuan Weakens After 'Unbalanced' Chinese Economy Sees GDP Beat In Q1 But Domestic Consumption, Production Disappoint
https://x.com/zerohedge/status/1780063599106351270
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...strong reason for people facing weakening domestic currency...
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