Chinese Gold Revaluation of Comex Default?

A Chinese Revaluation of Gold and Silver is More Likely than a Comex Default

The prices of gold and silver will finally adjust, most likely not because of a long predicted Harvey Organ style Comex failure of delivery default, but when China decides that it has enough gold to declare a new higher price.

The country with the most gold has an interest in valuing its gold at the highest possible price.

The United States revalued gold 69% higher in 1934 from $20.67 an ounce to $35 after it confiscated its citizens gold leaving it with the largest gold holdings in the world.

Will China soon do the same?

https://smaulgld.com/silver-gold-short-long-positions-comex/