China may be secretly stockpiling gold. Why that spells trouble for the U.S. dollar. - MarketWatch
1. China's PBoC increases gold reserves, aiming to reduce U.S. dollar reliance. 2. Gold purchases surged after Russia's invasion of Ukraine, impacting global markets. 3. DXY has fallen over 9% since start of the year due to diversification strategies. 4. China's gold holdings are likely underreported, indicating secretive buying strategies. 5. Global central banks now hold over 20% in gold, the highest since Bretton Woods.