Introduction
Although gold has withdrawn from the currency stage after entering the 21st century, people's fanatical pursuit of gold has not decreased at all. , especially the Chinese people, have special enthusiasm and interest in hoarding gold. Whenever there is any fluctuation in the international community, , the gold market can always see the Chinese people who are rushing to buy.
gold is not only of great significance to every resident, but also an important wealth reserve for a country. For example, the important foreign exchange reserves of the central bank include gold reserves . The gold reserves of my country and more than 60 countries around the world are actually placed in the United States. This is once puzzling. Since our country also has a vault, why doesn’t put gold in our own hands? Are you not afraid of being frozen by the other party
Especially in recent years, Sino-US relations have become increasingly tense, and people are more worried that one day, China-US relations will break down, and the United States will directly seize the gold stored in China's underground vault in Manhattan, New York. Has our country not considered this situation? Or after considering this situation, we still decided to put gold in the United States.
From a historical perspective, under the Bretton Woods system of that year, the US dollar and gold were officially linked. At that time, countries directly placed gold in the United States for the idea of facilitating exchange exchanges. Until now, many countries have not transferred the gold deposited in the United States that year. The United States has indeed been elected as the world's largest gold trading market in recent years with its strong strength, influence and status.
When all countries basically put gold reserves in the United States and have any trading needs, they only need to transfer the gold placed in the national vault to another country. The determination of this game rule determines that if my country wants to conduct more convenient large-scale gold transactions, it is best to choose to directly conduct them in the US market, which is also one of the reasons why my country is willing to put gold in the United States.
Furthermore, considering that the gold stored in the United States is also an important part of China's foreign exchange reserves, and it is also purchased by my country with other foreign exchange reserves. If we are not at ease, the United States wants to transport these gold back to its country in large quantities. First, it is necessary to consider that the transportation cost is not low. After all, in addition to a more convenient means of transportation, it is necessary to hire security personnel who can ensure its safety. After weighing the pros and cons, my country also believes that putting gold in the United States is the most cost-effective and trouble-free way.
We don’t have to worry about whether these gold is safe in the United States. vaults that specialize in storing gold reserves in various countries are called New York Manhattan underground vault . It also has the highest security level in the world. Although the vault does not have a conventional door, it has designed a solid steel cylinder with a height of 2.7 meters and weighs 90 tons. This special door is started by pure mechanically, which also means that even if the vault is completely powered off, it will not affect the normal opening and closing of the vault door.
In order to avoid unexpected situations, the vault also sets up an extremely sensitive alarm system. Once an emergency occurs, the vault door can be completely closed within 28 seconds. If anyone attempts to steal gold, he can only be locked in the vault after triggering the alarm. In addition, the vault is equipped with professional security personnel, each of them has guns and has been professionally trained. No matter from any aspect, the security level of the vault in can be regarded as "second to none". Even the flying thief will find it difficult to steal a single minute from here.
Now the Manhattan vault stores more than 8,300 tons of gold from various countries, which is more than 200 billion US dollars. This data level is also equivalent to a country's annual GDP level, so it is no exaggeration to say that this vault is rich enough to rival a country.
Some people have been worried before that when Sino-US relations continue to tense, is it possible for the United States to lose Chinese gold in the vault? In fact, these countries are willing to store gold in the Manhattan vault. is the world's largest gold trading market because of the existence of this vault.
If the United States really intends to default on the debt and freeze China's gold, it will be difficult for other countries to trust the United States to rush back to the stone in various countries, and the United States' international credibility will be completely defeated.
Once a country loses its credibility, it will not be just a reputation. What's more, it is a global power like the United States. they can't make more sacrifices to detain the gold stored in China in Manhattan's vault. What's more, these sacrifices are likely to allow the United States to gain a future development.
Conclusion
So although our relationship with the United States is not developing well now, China can still be absolutely at ease to keep gold in the US vault.
Today's topic: Why doesn't our country's gold be put into the treasury, but choose to deposit it into the United States. Are you not afraid of being frozen by them?
