OK, kids - it's "history lesson time".

Contrary to the utter nonsense taught in schools, gold - is in fact - money.

Real money.

John Pierpont "J. P." Morgan - THE "JPMorgan" himself - said over 100 years ago:

“Gold is money. Everything else is credit.”

In times of great crisis - world wars being one of those - ONLY gold has been & will be - accepted as payment for international transactions. Nobody cares about your paper currency, or electronic ones and zeros. They want to see 400 oz LBMA "good delivery" bars.

However, China (and to a lesser extent Russia) has been buying gold like there's no tomorrow over the last number of years - several thousand TONS per year - and having Swiss refiners remelt the 400 oz bars (0.999 purity) into even higher purity (0.9999) 1 kilo bars. Both China and Russia take physical delivery of ALL of the gold that they purchase. Gold is moving from west to east.

Intersting...