Palisades Gold Radio · Saturday, October 31, 2026
Simon Hunt highlights that since the opening of the Shanghai Gold Exchange in 2002, Chinese households and institutions have amassed 28,384 tonnes of physical gold. He notes that monetizing this gold at a price of $4,400 could revalue Beijing's economy by $20.1 trillion.
“since in China since the Shanghai Gold Exchange was opened in 2002. their households and institutions have bought 28,384 tonnes of physical gold.”
“it means that Beijing if they wanted to monetize that gold. It would revalue their economy. by 20.1 trillion dollars.”