For one, their precious metal holding is enormous, especially in China, India, and Russia. Also, most of their debt to GDP ratios are within control and the majority of their debts are internal.

I agree with most of what is said, but China is not as well off as people think, their debt load and demand of satisfying the large population is troublesome. India also has a population problem, which most gold is not held by the central banks, but in the hands of the people.

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