China gold China sits on absolute moutains of US treasuries . You would think that with the mess that Trump has caused in the US they would be unloading them as fast as they can to buy gold . What other choice is there . US investment banks like Goldman are still able to control the posted price of gold but that can`t last . Why would anyone be surprised by the mess in the US . It will get worse and they will never recover their former power . For the rest of the world gold is the only insurance .