Post by Y

1MsA8b…3dg3 Unverified · twetch

China has reduced US Treasury holdings by -50% while increasing it's gold reserves by +200% in the last 20 years.

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729 672 sat
Y 1mo
1Gwece…AV6R Unverified · twetch

Everybody's been buying gold like hotcakes. Iran war has probably many reasons, but one of them is to keep gold price down.

If/when Iran war ends I expect gold to go vertical.

498 442 sat
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963 182
Time
2026-08-20T18:54:56Z
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1GwecezoL8jciHU2Ysyupxrnv18JMGAV6R
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twetch
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reply
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text/markdown

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Signed by 1GwecezoL8jciHU2Ysyupxrnv18JMGAV6R Unverified

Replies (10)

Unverified · twetch
Replying to@1Gwece…AV6R

Iran war to keep gold down? Why?

Y 1mo
1Gwece…AV6R Unverified · twetch
Replying to@1G15jb…2UXp

It's somewhat counter-intuitive, but war favors cash.

Unverified · twetch
Replying to@1Gwece…AV6R

I thought you said that it was a reason to go to war with Iran. I would be surprised to see gold react so positively to an end of war. An end of war means negotiations are over and China resumes buying US treasuries. Unless you think China gets the better end of the deal at the end of the war, I find this difficult to believe

249 143 sat
Y 1mo
1Gwece…AV6R Unverified · twetch
Replying to@1G15jb…2UXp

I think any means to keep gold down are attractive to the money changers at least until they switch to the new digital monetary system.

I don't think China will resume buying US treasuries.

But I'm a BSVer of sorts, so take my grain of rice with a barrel of salt.

497 899 sat
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Unverified · twetch
Replying to@1G15jb…2UXp

After the United States froze Russia's assets over the Russia‑Ukraine war, China could no longer continue buying US Treasury bonds.

247 601 sat
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