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*Note: Can't speak as to the veracity of this so dyodd.
In northeast China, beneath the hilly terrain of Liaoning Province, surveyors have uncovered what may be one of the most consequential gold finds of the 21st century: a deposit containing over 1,440 tonnes of gold, valued at more than $192 billion. Confirmed earlier this month by China’s Ministry of Natural Resources, the find arrives at a moment of intense volatility in global markets—and it may reshape the financial landscape well beyond Beijing.
Gold prices have skyrocketed to unprecedented levels, topping $4,100 per ounce in October, according to The Conversation. That marks nearly a 100% surge since early 2024, driven by inflation fears, global instability, and a growing retreat from traditional fiat currencies. In this context, China’s discovery is not just geological—it is deeply strategic.
More:
https://www.msn.com/en-us/money/eco...orth-192-billion/ar-AA1QOW0z?ocid=socialshare
Geologists Discover One of the Largest Deposits of Gold Ever Recorded, Worth $192 Billion
In northeast China, beneath the hilly terrain of Liaoning Province, surveyors have uncovered what may be one of the most consequential gold finds of the 21st century: a deposit containing over 1,440 tonnes of gold, valued at more than $192 billion. Confirmed earlier this month by China’s Ministry of Natural Resources, the find arrives at a moment of intense volatility in global markets—and it may reshape the financial landscape well beyond Beijing.
Gold prices have skyrocketed to unprecedented levels, topping $4,100 per ounce in October, according to The Conversation. That marks nearly a 100% surge since early 2024, driven by inflation fears, global instability, and a growing retreat from traditional fiat currencies. In this context, China’s discovery is not just geological—it is deeply strategic.
More:
https://www.msn.com/en-us/money/eco...orth-192-billion/ar-AA1QOW0z?ocid=socialshare