this post was submitted on 26 Jan 2026
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[–] Klear@quokk.au 5 points 21 hours ago (1 children)

Trump always reacts in extreme ways and if the dollar tanks, seizing the world's us held gold and charging a storage fee, or massive costs to transfer are absolutely on the table.

If that happens, gold will become much more valuable than it is now.

[–] Aceticon@lemmy.dbzer0.com 1 points 14 hours ago (1 children)

Yeah, a sudden artificial scarcity of gold because the US government is witholding other people's gold isn't going to make the price fall, quite the contrary.

That said, best not to invest in Gold that's physically stored in the US be it directly (you own it and it's in a US location) or indirectly (such as Gold ETFs whose physical Gold is stored in the US).

[–] minorkeys@lemmy.world 1 points 6 hours ago

Makes non-usheld gold even more valuable than market price suggests.