E313 - China Just Made Its Biggest Gold Buy in 3 Years. Why Now?
Published: October 15, 2026
Duration: 10:06
China continues buying physical gold while American consumers increasingly expect higher inflation.
In Episode 313 of The Secret War on Cash, Dean Heskin and Chris Agelastos of Swiss America Trading connect those two developments.
The episode begins with China’s latest gold purchase. The article discussed by Dean and Chris reports that the People’s Bank of China added 23 tonnes in September, its biggest monthly purchase in nearly three years, extending a buying streak that has now reached 23 consecutive months.
Dean and Chris view that behavior as part of a longer strategy of reserve dive...
In Episode 313 of The Secret War on Cash, Dean Heskin and Chris Agelastos of Swiss America Trading connect those two developments.
The episode begins with China’s latest gold purchase. The article discussed by Dean and Chris reports that the People’s Bank of China added 23 tonnes in September, its biggest monthly purchase in nearly three years, extending a buying streak that has now reached 23 consecutive months.
Dean and Chris view that behavior as part of a longer strategy of reserve dive...