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Betting Against Weaponized Dollar & US Tariffs

by Marko Florentino
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china’s gold reserves, increase in china’s gold reserves, china’s on-warrant holdings soar 25-fold in 2025, precious metal, hoarding gold, brics nations, dedollarization, weaponized dollar

china’s gold reserves, increase in china’s gold reserves, china’s on-warrant holdings soar 25-fold in 2025, precious metal, hoarding gold, brics nations, dedollarization, weaponized dollar

China is going all-in on gold, with its on-warrant holdings soaring 25-fold in 2025, to signal a decisive break from the US Empire and the dollar-based trading system, believes Swiss-based economic expert Claudio Grass.

Amid US-unleashed trade wars, China wants to «separate from the US dollar because it has become a political weapon,» Claudio Grass, an expert on monetary history, economics and an independent precious metals advisor, told Sputnik.

«With Russia, the world has seen that private property rights are not respected on a political level,” noted the expert.

US Tariff Wars = Gold Price Hike

The US administration’s raging tariff wars are “essentially a form of nationalization driven by insecurity,” emphasized the pundit.

“They create insecurity, and insecurity is also a driver of the fiscal gold price,” added Grass.

The trend to hoard gold is a fast-growing one, he pointed out, as Central Banks, with the exception of the US Federal Reserve, now hold more gold than American treasuries.

“The new old world reserve currency is physical gold,” noted Grass.

American flags are displayed together with Chinese flags - Sputnik International, 1920, 16.10.2025

Huge 500% US Tariff on China Would Supercharge BRICS+ and SCO – Expert

BRICS’ Gold Play Against Dollar

The BRICS nations are intent on side-stepping the US, and establishing their own trading hubs, and, possibly in the future, their own currency, Grass speculates.

“They are likely to use gold to back their currency and to establish more trust in it. Consequently, they need a system that allows for physical delivery and pickup in different jurisdictions among the member states, creating a liquid gold system.”

The yuan’s internationalization is still a question mark, according to Grass, but “BRICS countries might trade in yuan down the line, with gold playing a key role in boosting trust and stability in the system.”

Gold Bullion - Sputnik International, 1920, 08.10.2023

China Raises Gold Reserves for Eleventh Straight Month





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