ilmscore | Prediction Details
"The People's Bank of China is a big buyer and they are trying to protect themselves from tariffs and um the friction that they're having with the Trump administration, but also the Chinese population is gigantic buyers of gold right now. Might be bigger buyers than the central bank in and it of itself."
By Coin Bureau | December 5, 2025 | Correct
From video
Jim Bianco: Bitcoin Predictions, Strategy Selling & Institutional Threat 04:44:38 - 04:44:55
Interpreted Prediction
The significant buying of gold by both the People's Bank of China and the Chinese population is driven by a desire to protect against US tariffs and trade friction, as well as concerns about the Chinese economy.
AI Evaluation Notes
Based on news reports from 2025 and 2026, there was significant gold buying by the People's Bank of China, driven partly by economic concerns and trade frictions. While the degree of influence from US tariffs is not explicitly quantifiable, the general trend of increased gold purchases aligns with the prediction.

Prediction Details

Topic
Gold Market Drivers

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