Is China Secretly Resetting the Gold Price?

“You can’t reset the gold price. It’s global,” says economist Nomi Prins, dismantling the hype around China “resetting” gold. In truth, Beijing is playing a longer game: quietly dumping U.S. Treasuries and stockpiling gold to chip away at dollar dominance. It’s not a reset—it’s a realignment.

As the July 1 Basel III deadline looms, Prins warns against false narratives. Gold may be Tier 1, but it’s still not a High-Quality Liquid Asset in the U.S. banking system. The Fed’s silence is deafening. The world isn’t waiting for a headline—it’s watching a power shift in motion.

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