Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

(62,819 posts)

15. I know that China has been squirreling away tons and tons of gold.

Mon Jan 13, 2025, 11:03 AM

Jan 13

They want to float the yuan and be the global currency.

It has to be backed by gold I think.

Edit history

Please sign in to view edit histories.

0 members have recommended this reply (displayed in chronological order):

16 replies

= new reply since forum marked as read

Highlight:

If Trump succeeds in selling gold reserves for crypto, [View all] no_hypocrisy Jan 13 OP

Crypto... 2naSalit Jan 13 #2

I don't care if it exists.... Happy Hoosier Jan 13 #6

No Gold, Dan Jan 13 #12

I know that China has been squirreling away tons and tons of gold. Irish_Dem Jan 13 #15

Yes, the cross of gold Dan Jan 13 #16

I don't care how you slice it, crypto is nothing but a Ponzi scheme William769 Jan 13 #5

Robbing thr treasury. Giving taxpayer real money for fantasy money. keithbvadu2 Jan 13 #7

Klepto, Gypto, Crypto. oasis Jan 13 #8

How many GOLDEN Traildogbob Jan 13 #10

Might as well pack up, gold back the dollar not some mined convention Historic NY Jan 13 #11

Sell it to whom? n/t defacto7 Jan 13 #13