Do you think the US will outlaw selling gold to china?

[Rio]

Some say its a surprise we haven't already. These Brics countries are buying gold up as much as they can while its being kept low.

[WhiteKnight]

China produces more gold than any nations and USA wants to outlaw it?.

USA should mind their own business unless they want to get burned.

[Chalupacabaras]

引用自 Wonderland：

Gold is rare, and unlike diamonds you can't just make it.

Diamonds are carbon, one of the most common elements on this planet, life is carbon based.

Gold is rare on Earth, but it's one of the most common elements in space thanks to trillions of trillions of stars going ka-boom over billions and billions of years.

[xDDD]

Doubt it.
People act like the BRICS nations accumulating gold is going to gain them independence from US hegemony but completely avoid the fact that the US has the biggest gold reserves by a gigantic margin.
In fact the US has literally more gold in reserve than Brazil, Russia, India, China, South Africa all combined.

Now China, Russia, and South Africa do produce more gold than the US, but Australia, Mexico, and Peru are also in the top 10 producing countries.

[Rio]

引用自 xDDD：

Doubt it.
People act like the BRICS nations accumulating gold is going to gain them independence from US hegemony but completely avoid the fact that the US has the biggest gold reserves by a gigantic margin.
In fact the US has literally more gold in reserve than Brazil, Russia, India, China, South Africa all combined.

Now China, Russia, and South Africa do produce more gold than the US, but Australia, Mexico, and Peru are also in the top 10 producing countries.

Sure it does, in the place no one is allowed to see or film inside. The honest US government would never lie about its wealth. Nor would it plunder the citizen's gold and give it out to the 1%

[Sir Seanicus, Esq.]

Biden sold strategic oil reserves to China and does deals with the CCP...I doubt he'd outlaw selling to his business partners while in office. Career politicians get rich somehow, just like businessmen.

Best part is, the news outlets and mainstream media in their pockets will just run articles saying NUH UH! and DEBOONKED!

[Hobbit XIII]

I think Trump will sell to China then find a way to make it harder for everybody else to do it.

[Hobbit XIII]

引用自 Sir Seanicus, Esq.：

Biden sole strategic oil reserves to China and does deals with the CCP...I doubt he'd outlaw selling to his business partners while in office.

to quote in case nobody else knows the context :

In short, in an attempt to lower gas prices, the United States really did release millions of barrels of oil from a national stockpile, called the Strategic Petroleum Reserve (SPR), to be sold on the global market in June 2022. Once this oil was "released," it went up for auction for energy companies to purchase, and once the oil was purchased, it was shipped around the globe. Among several countries that received the shipments was China. But industry experts noted that this was not unusual; The United States often exports oil to that country, or overseas in general. Also, under federal laws, the government cannot dictate where oil gets shipped once companies purchase it. So while some oil was indeed shipped from the U.S. to China in 2022, this wasn't directly decided by the Biden administration.

[Battlekruse]

引用自 xDDD：

Doubt it.
People act like the BRICS nations accumulating gold is going to gain them independence from US hegemony but completely avoid the fact that the US has the biggest gold reserves by a gigantic margin.
In fact the US has literally more gold in reserve than Brazil, Russia, India, China, South Africa all combined.

Now China, Russia, and South Africa do produce more gold than the US, but Australia, Mexico, and Peru are also in the top 10 producing countries.

The problem is that USA´s gold reserves has not been inspected or evaluated by foreigner audit since1953.

USA can easy claim that they have a huge stockpile, but since no one is allowed to inspect it, you can only guess if there is really 8000 tons of gold in either Fort Knox or New York Federal Reserve. Maybe all the bars are maybe just copper bars plated with gold surface.

But of cause, nobody knows what China or Russia gold reserve is since nobdy is allowed to inpect that either.

[Ganger]

Not sure if this fits in with this threads but china as sold over $53 billion dollars of US treasuries and agency bonds. And the Dow Jones has gone over 40,000 points. To be honest, im still learning and it boggles my mind. From what I hear it will impact the US dollar.


https://finance.yahoo.com/news/china-sells-record-sum-us-040447496.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAC4ywaIzYsb4sYmf5wC5D4H1kOLk5aY6BaxngGlEvDdaAhO2yA-n5W4AgxvY_8-oEcaSjsyhx_656W5uJqr1Cf-fNmpGecHLHur3E4U1dK3kizZPrjjwoOFQTxKnwaQHwMsu4lWDgsmYqX9kImtnxUHToSZN56QZ56glaiTLgD0a