Loading ...First they encourage private citizens to buy gold with the creation of the SGE in 2002, and SGEI in 2014. The article below says all gold purchases are registered, so Xi knows where it is.
https://goldbroker.com/news/china-owns-lot-more-gold-than-its-letting-on-2281
Now they are allowing (I’m sure that the insurance companies understand the subtlety – and if they don’t they will be reminded – of what “allowing” means in this context) to exchange billions of USD for gold, more gold, for China.
Ron Paul knows all this. Let’s guess that China has 20,000 tons; govt, army, personal holdings, it’s all the same to the CCP. Should China use the gold holdings to support its currency and anti-American strategy, how is Trump to maintain integrity for the USD? 8,144 tons isn’t going to cop it.
Ron Paul knows something else too, that if you can’t put your hand on it, you don’t own it. Only answer for Big D is to buy more for the US of A, and get back everything that the damn fools before them had leased or lent out.