[Uncle Miltie]

Careful.

China will confiscate what it wants, when it wants.

[delta7]

China will confiscate what it wants, when it wants.

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You mean like when the West confiscated Russia’s sovereign Wealth fund? The world took notice and is now dumping US debt notes ( Treasury bills , bonds, etc). The dump is historic.

That said, as a citizen in China you can walk in to any bank and buy/ sell Gold, trade your Yuan in for Gold or trade your Gold for Yuan currency at your bank. Can’t do that in the U.S. since Roosevelt confiscated US citizens Gold.