July 24th: The Day China Reveals Gold’s Real Price Turkish Airlines [4HFanq4C0AJ]

Published in Everyday Knowledge

Tag: #Turkish Airlines, #shivang kumar, #el clasico, #sevilla vs espanyol

China is shutting down paper gold. On July 24, 2026, some of the largest banks on Earth ICBC, the Postal Savings Bank, Ping An stop letting their everyday customers trade it, all in the same narrow window, and Jay argues this isn't about protecting diana shnaider investors from volatility. It's the moment China starts finding out what gold is actually worth. In this episode, Jay traces the setup back to a room inside the Bank of England where, in March 1968, the floor resignation physically gave way under the weight of the gold stacked on top of it the same week a defended paper price pakistan women vs zimbabwe women collapsed into two prices and a whole new monetary system. This is a look at what happens when the paper price of gold breaks away from the real metal, why central banks are quietly trading their U.S. Treasuries for bullion at a record pace, and how China built the machine to force the question on purpose.

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00:00 The Banks Shutting Down Paper Gold

00:55 The Official Story, and Why Jay Doesn't Buy It

01:29 1968: The Floor Gave Way at the Bank of England

02:23 The $35 Promise

04:01 The London Gold Pool

04:52 The Run on Gold: 5 Tonnes to 1,000

05:16 The Bank Holiday and Two Prices

06:23 What Paper Gold Actually Is

07:31 Ten Claims Per Ounce

08:49 Test #1: Watch for Two Prices

09:40 Test #2: Watch the Smart Money

11:08 Your Grocery Bill, 1976 vs Today

14:37 China's Three-Part Replacement

16:50 "Priced in the West": They Told Us in 2014

17:13 What Happens on July 24

18:04 The Two Things to Watch