Who’d they get rid of it to?
Probably sell on the open market - so other governments, pension funds, bond funds, banks, etc
I’m guessing: American taxpayers.
All I can say is ‘thank God’ Hillary didn’t win. Trump will be able to navigate the shoals... Hillary would be taking kickbacks and doing nothing.
The open market.
Soon, when China and Russia start trading in gold you will see more US dollars being sold. They will no longer be needed as the reserve currency for bilateral trade.
ThATS not good for us....