Will China be forced to dump gold onto the global market?

[sterling-nz]

Could China try to fund stock market emergency measures with its gold reserves? If they dump gold onto the global market then that will not be good news for gold.

I say NO.
It would entirely defeat the purpose of holding gold.
You do not hold gold to pay off your paper debts, you hold gold to CREATE paper debt and to have more gold than the other guy.
The chance of China selling gold to support the market is ZERO>

 

[-j-p-shmorgan]

Could China try to fund stock market emergency measures with its gold reserves? If they dump gold onto the global market then that will not be good news for gold.

I say NO.
It would entirely defeat the purpose of holding gold.
You do not hold gold to pay off your paper debts, you hold gold to CREATE paper debt and to have more gold than the other guy.
The chance of China selling gold to support the market is ZERO>

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