China Keeps Buying Gold Dips as Reset Unfolds Gradually, Middelkoop Says

Author of "The Big Reset" Willem Middelkoop argues China favors lower gold prices to keep accumulating. "China is a very active buyer of dips," he said, noting gold and silver demand is 150% to 200% above last year’s levels, with his estimate of over 150 tonnes purchased in June alone.
The monetary reset is unfolding gradually through central-bank accounting rather than a sudden event. "A monetary reset is a more gradual process. It’s not a binary event," Middelkoop stated, adding that we are only in the first innings. Eastern central banks have bought roughly 1,000 tonnes per year for five years, shifting gold from West to East.
Silver could reach $500 before this bull market ends, he predicts. Middelkoop also sees gold heading to $14,000–$15,000 and views gold miners as undervalued after the recent correction.
Source: Kitco News