Not just gold. Both china and russia are natural resource heavy, and at least china has a major industrial economy. The US shifted from a production economy to a financial and service economy decades ago, so the rest of the world doesn’t need to rely on dollars as an exchange medium anymore. It’s going to shift back to hard currency and ditch our fiat money. In other words, we’ve built up asia to the point where they don’t need us anymore, and we are now the competition to be eliminated.
In the Rick Wiles interview above with Alasdair Macleod, near the end, Macleod explains that China may reach a point where it can control the price of gold and we could see $10,000 an ounce for gold if that occurred, but that such wasn't China's style. I think their "style" might depend upon which islands it's allowed to take ownership of in the near future. :)
What kind of impact (if any) would there be if a good conservative pro US energy POTUS came into office and literally opened up ALL U.S. holdings now currently forbidden to oil exploitation to be opened? Further mandate that non OPEC American Oil companies get the first plumb bids and require all refinieries to be either updated, expanded or new ones built as a prerequisite to the deal. Also mandate that all proceeds have to be sold inside our borders first before being sold overseas and block any sales to unfriendly nations. Maybe also pass emergency legislation that limits frivolous lawsuits especially by enviro-whackos seeking to block the new system and base it on national security?
Look at how a limited example of this has changed the face of the economy in North Dakota. We could send our economy into orbit and crush those who seek our destruction at almost the same time, right? Or am I out of my mind (a somewhat common situation)?