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