In June, China's gold exchange paused paper gold trading.
Paper can get paused, but gold can't because paper gold is just a promise layered over metal you'll never see.
But what about tokenized gold? On a permissionless network like STRATO, it can't be shut off, transactions settle on the network, you have direct ownership, you can redeem $GOLDST for physical gold, and you can borrow against it.
Paper gold doesn't do that.
"The China gold exchange temporarily paused paper trading in June, because they saw internally it got too volatile. So that might be kind of depressing prices, or holding prices a bit, because people can't trade in and out as fast — at least within China.
So that might be one element that's, depending on your view, keeping prices stable or keeping prices down — like historically, stable and up; maybe for the last three months, slightly down.
So I think that's sort of the view I have on it. And banks still seem to be accumulating gold. I think a lot of things are happening where people are kind of just looking for alternatives to the US dollar in general."
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