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Is China Secretly Resetting the Gold Price?

By: De_Composed in GRITZ | Recommend this post (0)
Sun, 08 Jun 25 6:01 AM | 9 view(s)
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Unfortunately, although this sounds like a very interesting video, I can't watch it. Limited monthly data, you know?

If anybody does watch it, how about briefly summarizing it, especially with regard to any large moves gold might be making?


June 7, 2025

Is China Secretly Resetting the Gold Price?

Gold stays global, China pivots.

by ITM Trading


“You can’t reset the gold price. It’s global,” says economist Nomi Prins, dismantling the hype around China “resetting” gold. In truth, Beijing is playing a longer game: quietly dumping U.S. Treasuries and stockpiling gold to chip away at dollar dominance. It’s not a reset—it’s a realignment.

As the July 1 Basel III deadline looms, Prins warns against false narratives. Gold may be Tier 1, but it’s still not a High-Quality Liquid Asset in the U.S. banking system. The Fed’s silence is deafening. The world isn’t waiting for a headline—it’s watching a power shift in motion.

http://www.zerohedge.com/news/2025-06-07/china-secretly-resetting-gold-price




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