gold, page-24017

"Forged.. china is doomed ..."
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US is doom according to you in addition to China so where is the growth coming from, India? US needs to keep funding their forward debt pile through nations willing to by their debt and China/Japan/Taiwan are big buyers of this debt. If China is doomed, then so is Japan cross trade partner as well as Korea, Taiwan, SE asia. This will also affect EU/UK which will then infect US and the contagion will spread to S America.

There is a difference between a stock market crash and economies crashing. Take China as an example, we had a 2015 stock crash in Shangcomp but no contagion effect on the economy at large. Some say the share market is a small subset of the economy which is probably true = commodity did return to premium pricing.

So if economies in this very intimately related world crashes, how do we value gold and who would be buying it? What are you gonna do with the bullion in your possession? Gold back ccy at the snap of the finger? Maybe crude oil back petrodollar?