China’s 25,000 Ton Gold Stash: Preparing to Kill the Dollar? |

Jerusalem Post ^ | April 2025 | Craig Hrmke

[delta7]

Many in the industry state China’s Gold holdings are at least 25,000 tons- to our 8,000 tons. We will see shortly, it is almost “ time”.

[Uncle Miltie]

Chinese culture values stuff (gold).

I value human productivity (stocks).

I win, they lose.

[ClaytonForester]

Good. Now they can start paying back the rest of the world for their COVID crime.

[Wuli]

Total B.S. about spooking fears about the dollar.

[ameribbean expat]

I’m sure there’s no reason for questioning...

https://www.mining.com/web/chinese-jeweler-probed-for-using-fake-gold-bars-for-loans/

[protoconservative]

When it is time, will anybody notice.

The value of a fiat currency is the efforts or risks put into acquiring it today, yesterdays earnings are just dragged along like ball 1 score while playing ball 2. I am contractually obligated to pay my loans in dollars, that is never going to change. Never would enter into a contract that would require gold, except for a ring on my finger and miligrams for ICs, gold is like the stuff in my smoke detector, a oddity.

[Macoozie]

Sorry folks, I don’t get it. I’ve got some I’ve gathered at bargain prices over the years. But, it’s just a part of the big picture.

It’s only good if you are willing to exchange it with somebody who wants it for something that you want.

Ya can’t eat it.
Won’t ease a cold or a headache.
Won’t keep you warm.
Won’t fight off a bear, or a wolf, or a snake.

Would rather have Lead, Seeds, Land, Water, Livestock.

You can keep your dusty blocks of shiny metal.
That train left the station a century ago.

[delta7]

Paper dollars are for spending, Gold is for storing Wealth…as we are witnessing.

[MichaelRDanger]

For China to challenge the dollar’s dominance it would have to demonstrate it has a stable economy which it does not have.

Furthermore it has been a long time since wealth was measured solely in gold. America is rich in natural resources which also count as wealth.

Nobody is going to bank of China which is still a quasi-third world country. A lot of wealthy Chinese are trying to move their money out of the country and most are choosing America as their landing spot due to our financial stability. Yes; we have a lot of debt but so does everybody else...

[MichaelRDanger]

For China to challenge the dollar’s dominance it would have to demonstrate it has a stable economy which it does not have.

Furthermore it has been a long time since wealth was measured solely in gold. America is rich in natural resources which also count as wealth.

Nobody is going to bank of China which is still a quasi-third world country. A lot of wealthy Chinese are trying to move their money out of the country and most are choosing America as their landing spot due to our financial stability. Yes; we have a lot of debt but so does everybody else...

[delta7]

Ya can’t eat it.
Won’t ease a cold or a headache.
Won’t keep you warm.
Won’t fight off a bear, or a wolf, or a snake.
—————-
Either do paper dollars or Bitcoins…..Gold has been Wealth for 5,000 years.

[JSM_Liberty]

“Chinese culture values stuff (gold).
I value human productivity (stocks).
I win, they lose.”

If the world economy ever gets to the stage where stocks are worthless then there probably won’t be anything to buy with shiny yellow metal.

[Antoninus]

That's an excellent point. Does anyone really trust anything China says with regard to precious metals? This kind of thing has been going on for decades...

Be Aware of Counterfeit Gold and Silver Coins Made in China

[C210N]

China’s Gold holdings are at least 25,000 tons- to our 8,000 tons...

It's a global poker game, with nations as players. It behooves players to minimize their gold holdings until the endgame, when they finally show their cards.

China may have 25k tons, but 8k tons is only the card that the US is ***showing*** now. Whatever China really has, I'll posit that the USA has more.

As one point, and only a small point because there are other larger ones, the US found a good deal of gold in Iraq that's now gone (is that a main reason we were in Iraq in the first place? Perhaps.). That missing Iraq gold will eventually turn up when the poker cards are laid down on the table.

[Antoninus]

For China to challenge the dollar’s dominance it would have to demonstrate it has a stable economy which it does not have.

Beyond that, people would have to trust China. Does anyone trust China? Even the Chinese do not trust China.

[rdcbn1]

China may try an economic war but the Trump Team is ahead of them and has been very good at building a coalition to counteract China.

[rktman]

Well, since the dollar is based on......what was that again? Thin air?

[webheart]

There are at least four uncertainty caveats in the first sentence: undeclared, potentially, could and expert. That leaves very little to rely upon.

[Vendome]

$15 Trillion in holdings ain’t enough and the dollar isn’t based on gold anyway

[rightwingcrazy]

25000 tons of gold would barely put a dent in our national debt.