[theold]

If World War III is here, Gold will be the key.

[theold]

https://www.youtube.com/watch?v=dFuMxNd4ItU

[sgxin]

If World War III is here, Gold will be the key.

Don't think have to wait till WW3, Russia will be buying huge amount of it.
For China, gold will also be an attractive commodity to park in as it sells off its huge US bond holding.
I guess latter must be reduced to below US$300bln before it confronts US militarily over Taiwan.

Russia to remove euro, only keeps yuan and gold in National Wealth Fund
https://www.globaltimes.cn/page/202302/1285209.shtml

Russia to double yuan share in rainy day fund – Finance Ministry

The permitted share of gold in the NWF will also be doubled, to 40%, while balances in the British pound and Japanese yen have been reduced to zero, the ministry added.

https://www.rt.com/business/569172-russi...hare-fund/