@zerohedge@Sorenthek This move should be done by the indian govt aswell.
This is the best way to monetize idle gold which will help the govt to manage liquidity.
🚨🇨🇳 INTERVIEW: THE NEXT WORLD WAR IS BEING FOUGHT WITH GOLD
Central banks are buying gold at record speed. China is trading oil in yuan. And the U.S. dollar’s grip on the world is starting to slip.
@LukeGromen breaks down how the balance of power is shifting from paper to metal.
* How China and Russia are using gold to undermine the dollar
* Why America’s debt addiction is forcing the world to look for a plan B
* How the yuan-gold trade network could upend global finance
* Why Europe’s energy policies are pushing it toward decline
* And what happens when the U.S. and China lock into economic warfare that no one can win
Gromen says this is not just about money or markets.
It is about control, and the side that owns the gold writes the rules.
03:08 – Central Banks Are Buying Gold Fast, but why now?
06:09 – Why gold is the “anti-dollar” and how it protects wealth
09:15 – Lessons from the 1970s: What China learned from U.S. gold mistakes
13:19 – The dollar vs. the yuan: The real global currency war
16:00 – Gold rising as the new global reserve
20:36 – Is the U.S. secretly importing massive amounts of gold?
23:55 – What happens if the dollar loses its throne?
30:36 – Why this could trigger the biggest boom since WW2
36:04 – China’s economy: crisis or calm?
43:56 – Why decoupling means more inflation, not less
49:01 – The rare earths trap: how China cornered the U.S.
55:09 – How China quietly captured corporate America
59:05 – Can a multipolar world actually work?
01:00:15 – Is Europe committing economic suicide?
01:05:14 – Closing thoughts: Can rational leadership return?
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