tell us something we didn't know
China,Russia,Japan have all increased their gold stocks immensely
if China decides to withdraw from the Fed's treasuries,they would effectively make USD collapse together with the worlds economy
but the debt pyramid cannot last forever-there are only two ways to get rid of the spiralling debt that cannot be paid(it is not supposed to paid either, it is some form of a tribute)
It has been a sort of tribute till now. But one day (say, tomorrow) it may miraculously turn from a tribute into a real $5 trillion debt (amount of the US national debt held by foreign investors such China, Gulf states, Japan, etc) after the US loses its grip over the world. They could default on their liabilities, but what are they going to do next? They could devalue the dollar, but what will happen to their economy and populace now basically living on imported goods?
Anyway, if Trump is going to build a wall around America, it shouldn't really matter
first one is to conjure another war or some sort of a catclysm to simply erase this debt from the books and start anew
second one is to slowly and carefully get rid of the US dollar as the legal tender accepted worldwide
and to do that you have to present something to be its substitution,gold is one of the possible options
Apart from a few tiny countries in Latin America and Zimbabwe, the US dollar is not legal tender anywhere in the world
