The David Lin Report · Tuesday, June 30, 2026
Lawrence Lepard views China's increasing gold imports as a leading indicator, suggesting they believe gold will play a crucial role in the future monetary system. He notes this trend as part of a broader shift where countries are questioning the long-term value of the US dollar as a reserve currency.
“I think they're good leading indicator. I mean, I I think that you know I mean, look, they're very smart. They've got the world's most productive economy in terms of making stuff.”
“And um you know, so you know, we've got to counter that. And uh you know, and and they know they're they're smart about about fiat money. I mean, they know that they've been debased in terms of the dollar.”
“And this is why they set up the Shanghai Gold Exchange. And this is why they're settling in you know, their own currency and then giving people a chance to buy gold because you know, a lot of parts of the world are coming to realize that you know, the dollar is just it's it's it may be the leading currency, but it's not an economically sound currency from a holding value point of view.”