Only countries that have no bargaining chips have to bow to USA pressure, like the Saudis and other Arab leaders with massive assets in the USA but little to fall back on at home.
The safest scenario is not holding assets in the USA and other European countries. China is setting up a gold vault for countries to deposit their gold. Cambodia is among the first customer answering China's move. It is just the beginning.
As of now, some European countries are growing jittery and demanding repatriation of their gold reserves from USA vaults, like Germany and Spain. Hope they can get their gold back, but if not, it shows that gold deposited at Fort Knox are no longer there. Elon Musk wanted to audit the gold at Fort Knox, but was denied. Think about that!
Anonymous
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