GoldFix

GoldFix

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GoldFix
GoldFix
Quick Note: China's Plan, The USD, and Gold

Quick Note: China's Plan, The USD, and Gold

*How* Gold’s reset is a process, not an event

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VBL
Dec 29, 2024
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GoldFix
GoldFix
Quick Note: China's Plan, The USD, and Gold
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China forces gold to account for the growing disparity between the yuan and the dollar. The underlying message is simple: the dollar is overvalued relative to gold, and the U.S. should devalue its currency against the metal. Gold’s current price in dollars fails to reflect the last two decades of global economic shifts.

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