Core Viewpoint - The article discusses the shift in global gold storage dynamics, highlighting China's initiative to offer a gold custody service that promises security and efficiency, contrasting with Western systems that are perceived as politically influenced [1][3]. Group 1: Gold Custody Breakthrough - China has developed a gold custody platform that allows for "free storage and withdrawal, no political attachments, and real-time traceability," positioning it as a more attractive option compared to Western alternatives [3]. - The platform features advanced security measures, including biometric access, quantum encryption, and AI monitoring, with a commitment to rapid withdrawal processes [3]. Group 2: Butterfly Effect of Gold Migration - There is a notable increase in gold shipments from Switzerland to China, with a 280% year-on-year growth in the first quarter of 2024, while shipments to New York have decreased by 40% [4]. - The UAE's decision to transfer 100 tons of gold reserves to China reflects a significant shift in trust and strategy among nations, with officials citing a desire to avoid becoming vulnerable like Venezuela [4]. Group 3: Financial Power Struggle Behind Gold - China's gold custody initiative is part of a broader strategy to establish a "de-dollarized" financial infrastructure, with the aim of making the renminbi a primary currency for gold transactions [6]. - The increasing use of the renminbi in gold trade, particularly in Southeast Asia, indicates a market-driven shift away from the dollar, with reports showing a rise in renminbi settlements from 30% to 65% in Thai gold trade [6]. Group 4: China's Strategic Chessboard in the Gold Era - China's long-term strategy, initiated with the "Belt and Road" initiative and the introduction of digital currency, aims to reshape international financial rules and attract global gold reserves [7]. - The approach of providing a "safe harbor" for gold storage, rather than competing militarily for dominance, is seen as a way to subtly shift the balance of power in the global financial landscape [7]. Conclusion - The article concludes that the gold custody revolution led by China is not about eliminating the dollar but rather about creating a more equitable financial system, potentially marking the end of the dollar's dominance in global finance [9].
黄金主权革命！中方邀友邦存金 纽约伦敦黄金库将成历史？
Sou Hu Cai Jing·2025-10-21 08:17