Expert explained why China actively buying gold

Experts say that, at this stage, China is dumping government bonds of the Federal Reserve System and buying gold, including secretly. Aleksei Avdonin, an expert at the Belarusian Institute for Strategic Studies, explained why this is happening and what role dollarisation plays in the process.

As noted by the expert in his talk with Alfa Radio, when a financial pyramid begins to collapse, all players get to know about it, “The American pyramid of the Dollar and government bonds began to collapse in 2012, when the external debt exceeded the country's GDP. From that moment on, all those involved in finance, including political players such as China, fully realised that the American model is based solely on the right of force, and that the Dollar has no real value. Accordingly, if there is no value, then there is no other way out but to get rid of these pieces of paper – government bonds and Dollars. They should rather be exchanged into the natural equivalent of value: gold. I say natural because, if you take gold from ancient times and bring it here, you will still be able to buy everything – including cars, food, real estate, and so on. It so happened on our planet that gold is a unique measure of value. As a result, many countries have begun buying up this precious metal. Interestingly, back in December 2022, Bloomberg wrote that the golden zombie apocalypse was coming, since, in Q4 alone, more gold was bought than in the previous three quarters. In short, everyone has clearly realised what is happening with the American model.”