China Added Gold 22 Months Straight, the Dark Logic Behind It | Cory Klippsten
Kitco NEWS
11,037 views
China has added gold to its reserves 22 months in a row, while Beijing keeps Bitcoin trading banned. Cory Klippsten, founder and CEO of Swan Bitcoin, says there's dark logic behind it: gold is hard money a state can still control.
Klippsten explains what China can and can't control about gold, why he went looking for a new gold standard and found it falls well short, and the four horsemen he says are pushing bond yields to their highest since 2002: war, growth, debt and Japan.
He also says only two Bitcoin treasury companies, Strategy and Strive, are truly running the strategy, and why he now suggests 90% of Bitcoin exposure sit in real on-chain coins. He explains why he calls the AI payments pitch for Bitcoin "Bcash logic," and names the one risk he takes seriously. And he puts a Bitcoin standard for the West somewhere between 2070 and 2090.
Recorded October 1 2026
Follow Jeremy Szafron on X: @JeremySzafron (Twitter: JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (Twitter: kitconewsnow)
Follow Cory Klippsten on X: @coryklippsten (Twitter: coryklippsten)
Chapter
00:00 China's Gold Buying Push
00:54 The Dark Logic of China's Gold
04:15 Why It's Not a New Gold Standard
06:04 Why Investors Are Turning to Hard Assets
07:20 The "Bondpocalypse": Why Cheap Money Is Over
10:31 Why Bitcoin Is Rallying Anyway
13:16 Bitcoin vs. Washington's Crypto Rules
15:45 How Investors Get Bitcoin Exposure
19:45 Only Two Bitcoin Treasury Stocks Have a Chance
24:41 Bitcoin and AI Payments: Hype vs. Reality
28:49 Bitcoin Mining and Proof of Work Explained
30:34 Bitcoin Custody and Exchange Risk
37:21 Government Risk for Bitcoin
39:15 A Bitcoin Standard by 2070–2090?
#Gold #Bitcoin #China
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20 Comments
China Gold is “Hotel California”…
People there can get gold “in”….it just cannot and will not ever “get out”
When usa revalues gold to $19,600 an oz. China will be the richest country in history.
China Added Gold 22 Months Straight, the Dark Logic Behind It | Cory Klippsten
Kitco NEWS
11,037 views
China has added gold to its reserves 22 months in a row, while Beijing keeps Bitcoin trading banned. Cory Klippsten, founder and CEO of Swan Bitcoin, says there's dark logic behind it: gold is hard money a state can still control.
Klippsten explains what China can and can't control about gold, why he went looking for a new gold standard and found it falls well short, and the four horsemen he says are pushing bond yields to their highest since 2002: war, growth, debt and Japan.
He also says only two Bitcoin treasury companies, Strategy and Strive, are truly running the strategy, and why he now suggests 90% of Bitcoin exposure sit in real on-chain coins. He explains why he calls the AI payments pitch for Bitcoin "Bcash logic," and names the one risk he takes seriously. And he puts a Bitcoin standard for the West somewhere between 2070 and 2090.
Recorded October 1 2026
Follow Jeremy Szafron on X: @JeremySzafron (Twitter: JeremySzafron)
Follow Kitco News on X: @KitcoNewsNOW (Twitter: kitconewsnow)
Follow Cory Klippsten on X: @coryklippsten (Twitter: coryklippsten)
Chapter
00:00 China's Gold Buying Push
00:54 The Dark Logic of China's Gold
04:15 Why It's Not a New Gold Standard
06:04 Why Investors Are Turning to Hard Assets
07:20 The "Bondpocalypse": Why Cheap Money Is Over
10:31 Why Bitcoin Is Rallying Anyway
13:16 Bitcoin vs. Washington's Crypto Rules
15:45 How Investors Get Bitcoin Exposure
19:45 Only Two Bitcoin Treasury Stocks Have a Chance
24:41 Bitcoin and AI Payments: Hype vs. Reality
28:49 Bitcoin Mining and Proof of Work Explained
30:34 Bitcoin Custody and Exchange Risk
37:21 Government Risk for Bitcoin
39:15 A Bitcoin Standard by 2070–2090?
#Gold #Bitcoin #China
__________________________________________________________________
Like, share, and subscribe to Kitco News—and turn on alerts to stay current with expert interviews, market insights, and breaking news coverage.
FOLLOW US:
X: https://x.com/kitconewsnow
Instagram: Instagram: kitconews
Facebook: Facebook: KitcoNews
LinkedIn: LinkedIn: kitconews
Listen to the PODCAST on
🎧 Spotify: https://open.spotify.com/show/1My4Wgt...
🎧 Apple Podcasts: https://podcasts.apple.com/us/podcast...
🎧 All podcast episodes available here → https://kitconews.buzzsprout.com
Visit: https://Kitco.com/ for live gold, silver, and crypto prices, the latest mining news, and macroeconomic insights.
Live gold price and chart: https://www.kitco.com/charts/gold
Live silver price and chart: https://www.kitco.com/charts/silver
Live crypto market data: https://www.kitco.com/price/crypto
Learn more about Kitco News: https://www.kitco.com/news/about/
For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: https://www.kitco.com/advertising
Disclaimer:
The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.