As a precious metal , its global status is self-evident because of its special value.
htmlFor more than 0 years, gold, as a hard currency, has been the object of hoarding in various countries. After all, it is a currency reserve that is less affected by the global leverage .
But what is confusing is that more than 60 countries around the world do not place this "hard currency" in their own domestic supervision. instead pays high administrative expenses and stores it in the United States.
It is said that even our country has stored 600 tons of gold in the United States.
So why would these countries choose to store gold in the United States?
Are these countries not afraid that the United States will not return gold? What are the pros and cons of
storing gold in the United States?
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Why do many countries store gold in the United States?
If countries store gold in the United States, has to mention the dominant position of the US dollar in the world.
After World War II , many countries around the world, whether they are victorious or defeated countries, consumed too much financial, material and manpower due to the war, and were in a state of being in a state of being in ruins.
. As early as the World War period, the United States, which had surpassed the United Kingdom, became the world's largest country because of its arms trafficking.
eyely see international monetary system is a mess. The United States, which has long hoped to dominate the world economy, stood up in time to help Japan and other European countries carry out post-war reconstruction as an excuse. created the " Bretton Woods System ", . In order to seek cooperation with the United States, other countries had to accept the United States' proposal.
This system refers to a gold exchange standard system of US dollars and gold , that is, other countries cannot exchange gold with their own currencies, but can only exchange gold with US dollars.
After this system was established, the US dollar became the settlement currency for global trade transactions.
At that time, the United States' gold reserves were the largest in the world, accounted for two-thirds of the world's reserves. Most of the gold purchased and traded in many countries actually came from the United States.
And since the war in World War II did not spread to the United States at that time, the productivity of the United States was not affected, so many countries would purchase various products from the United States, which led to the circulation of the US dollar.
Furthermore, the United States has publicly stated that can be exchanged for 1 ounces of gold for every 1 US dollar. Since then, gold has been tied to the US dollar. After the gold was bound by
US dollars, some countries simply bought gold from the United States after buying gold from the United States and directly stored it in in the United States, saving a lot of money.
. Some countries store gold in the United States. There is another very important reason, that is, the situation was turbulent and the war was about to break out. In order to ensure that gold does not fall into the hands of others when the war hits the local area, and the United States at that time did not reveal the signs of hegemony thoughts at that time, many countries trust the United States more, so they all chose to store gold in the United States with strong national strength and relatively safe.
The last and most important point is, because of the United States' economic strength and international status. Today, the United States has the world's largest gold trading center. Here, gold can be directly converted into US dollars, which is much easier to cash out than other currencies.
Now, the United States has more gold reserves than after World War II. In order to facilitate the storage of gold, the United States has the world's largest "treasury" - the Federal Savings Bank.
The bank owns an underground vault below the streets of Manhattan, New York, where gold is stored from more than 60 countries. The amount of reaches an astonishing 8,300 tons, accounting for one-quarter of the world's total.
Among them, the one with the largest storage capacity is Germany except the United States. According to statistics, Germany has stored more than 3,000 tons of gold in this underground vault.
It is worth mentioning that my country has also stored about 600 tons of gold in the bank.
According to the bank, their bank has not had any theft accidents in these eighty years, which is undoubtedly announcing the security of the bank to the world.
The United States refuses other countries to retrieve gold
However, gold has been stored in the United States for a long time, which can also make people worry.
In the 1960s, the United States caused a domestic economic collapse due to the problems of the U.S.-Vietnam War and lost the ability to maintain gold prices.
In the past decade, America gradually unbounded from gold.
Although the US dollar began to bind oil again afterwards, it did not affect its position as the "hegemony" of currency, it also made other countries begin to think about the meaning of storing gold in the United States.
Nowadays, the "hegemony" in the United States is becoming more and more obvious. Coupled with the various mysterious operations of Trump when he was in power in the United States, has caused the United States' image to plummet in the international market , and many people no longer trust the United States.
In 2011, a report completely impacted the confidence of countries around the world in US gold.
In that year, Kahn, who was then the president of the IMF, found that the 191.3 tons of gold that the United States has been reluctant to pay to the organization, which made Kahn suspect that the batch of gold had disappeared.
After investigation, Kahn, who had already obtained the evidence, was preparing to leave the United States and fly to Paris, France.
Who knew, The United States arrested Kahn on the plane for "sexually assaulting a hotel waiter". As soon as this incident happened, the world was in an uproar.
Although the US insisted that Kahn was arrested because of a sexual assault, the Russian National Security Agency said that Kahn's arrest was closely related to the US's gold reserves.
No matter what the truth of this matter is, the saying that "the gold stored in the United States disappears" has spread all over the world.
Based on the above factors, some countries began to have the idea of getting gold back from the United States. For example, in 2012, Venezuela took out 180 tons of gold that existed in the United States.
It is worth mentioning that since 1950, the United States has not audited the gold stored in its own vaults in other countries. This makes people wonder whether the United States has made any "touching" the gold stored in other countries. Before
, Venezuela proposed to the UK's Bank of England to withdraw the total value of gold stored in the bank of 1 billion US dollars, but unexpectedly it was rejected by the bank.
Seeing this, the Gold Anti-Monopoly Action Committee asked the bank directly, refusing to return the gold to Venezuela. Is it because the bank leased the gold to the other party without authorization and had not taken it back?
In the face of these problems, the Bank of England neither acknowledged nor denied it, but only expressed its refusal to answer, but the answer was clear.
Since even the Bank of England has secretly leased gold, let alone the Federal Reserve Bank of the United States, it was also rejected by the United States when Germany asked to retrieve all the gold stored in the United States.
And the former chairman of the Federal Reserve Bank also said that leasing gold to the outside world is a method they use to suppress prices . This is undoubtedly an admission that they have also rented gold behind their backs.
The current style of the United States makes various countries really worried about continuing to store gold in the United States. So after Venezuela took away the gold stored in the United States, Russia, Switzerland , Turkey and other countries also took out part of the gold from Bank of America .
Although Germany was rejected by the US when requesting to withdraw gold, after that, Germany still retrieved part of the gold . In contrast, the United States not only failed to save gold, but also had a feud with Germany because of gold issues.
It is worth mentioning here that when the global "transportation of gold" first appeared, my country also expressed its intention to retrieve the gold deposited in the US Bank, but this request was also rejected by the United States.
What should I do if the United States is lying to pay?
Since the frequent incidents of the United States refusing to return gold from other countries, some people are worried, what if the United States refuses to pay back? Does this mean that gold cannot come back?
is actually unnecessary.
Although the United States is reluctant to return gold several times, the world's gold reserves are not up to the United States itself.
htmlFor more than 0 years, countries have to go through very formal operations when depositing gold into banks of the United States, and international organizations later manage and supervise it. so the United States cannot sell gold from other sovereign countries at will.
Moreover, the gold stored in the United States in various countries is also linked to the national credit of the United States. Once the United States commits "debt debts" and "debt debts", the losses caused to national credit are immeasurable.
A country's credit has a great impact on the country's economy, culture and other aspects . If the United States loses its credit due to gold, its economic situation will also have serious problems, and even lead to a complete collapse of . Today, the United States can no longer bear such risks.
In addition, the United States may lose its international voice and be marginalized internationally. The US dollar can no longer be regarded as the international trade settlement currency.
Moreover, judging from our current national strength, there is no need to worry about the US breach of contract.
So, for consideration of international status and other factors, although the United States is currently trying its best to prevent other countries from shipping back gold, , it will not and dare not really "take gold as its own" . Judging from the current situation, storing gold in the United States is still a relatively safe and cost-saving way.
Nowadays, my country's economic strength is increasing faster and faster, and the RMB is gradually occupying a place in the world's monetary system. In addition, in recent years, my country has also begun to build the gold exchange .
believes that in the near future, when my country has a say in gold pricing, other countries will choose to transport gold from the United States and transfer it to my country.
