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Posted on 08/07/2025 8:55:23 AM PDT by delta7
China's massive, potentially undeclared, gold reserves could challenge the dollar's dominance, says expert Craig Hemke.
In a recent interview on The Deep Dive, prominent precious metals analyst Craig Hemke of TF Metals Report delved into the escalating US-China trade tensions and the intriguing possibility of China amassing a significantly larger gold reserve than officially reported.
Hemke, a respected voice in the precious metals market with over 15 years of experience, offered a compelling analysis suggesting that China's strategic accumulation of gold could be a key factor in a potential shift away from the US dollar's global dominance.
The interview, hosted by The Deep Dive, explored the broader economic implications of President Trump's tariff policies before honing in on the potential long-term strategies of China. Hemke, drawing on his deep understanding of market dynamics, addressed the rumors surrounding China's gold holdings, referencing the work of an analyst he knew years ago. "He studied the Chinese markets extensively, the gold market extensively, and concluded years ago that they probably had at least 25,000 metric tons of gold," Hemke revealed. This figure stands in stark contrast to China's official reports of around 2,000 tons, suggesting a potential ten-fold discrepancy.
Hemke posited that such a substantial, undeclared gold reserve could provide China with significant leverage in the global financial system. He speculated on the potential implications if China were to publicly announce its true gold holdings and even declare itself a buyer at a significantly higher price.
"Say they take some of their foreign dollar foreign currency reserves that are like you said mainly held in treasuries and say not only do we have 25,000 tons we are a buyer at whatever pick your number $5,000 an ounce $10,000 an ounce well how would that upset the you know change the uh global order?" Hemke questioned…….
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Chinese culture values stuff (gold).
I value human productivity (stocks).
I win, they lose.
Good. Now they can start paying back the rest of the world for their COVID crime.
Total B.S. about spooking fears about the dollar.
I’m sure there’s no reason for questioning...
https://www.mining.com/web/chinese-jeweler-probed-for-using-fake-gold-bars-for-loans/
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.
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.
Paper dollars are for spending, Gold is for storing Wealth…as we are witnessing.
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...
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...
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.
“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.
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.
Well, since the dollar is based on......what was that again? Thin air?
There are at least four uncertainty caveats in the first sentence: undeclared, potentially, could and expert. That leaves very little to rely upon.
$15 Trillion in holdings ain’t enough and the dollar isn’t based on gold anyway
25000 tons of gold would barely put a dent in our national debt.
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