Treasury holdings Archives - Rethinking the Dollar

The U.S. Could Seize China’s Treasury Holdings In Retaliation For The Wuhan Virus

Sep 24, 2020 | Economic Collapse

There is one story that may be bigger than the elections, the riots and the pandemic, but it will take a few years to play out. The U.S. will convert China’s $1.4 trillion of Treasury notes to a trust fund for COVID-19 victims and economic damages. In other words, say...

Petrodollar Shock: Russia Could Invest Part Of Its National Wealth Fund In Gold

Dec 30, 2019 | Gold

In the past two years Russia has been quite explicit in its shifting preference between fiat, in the form of the world’s reserve currency, US Dollars and hard assets, i.e., gold: after liquidating almost all of its Treasury holdings in mid 2018, roughly around...