China Is About to Reveal Gold’s True Price | Jay Martin

Host of the Jay Martin Show and the VRIC, Jay Martin is on with Darrell to dive deep into China’s crackdown on paper gold trading. He connects China’s strategy, the Shanghai Gold Exchange, record central bank buying, and declining demand for U.S. Treasuries to a broader loss of confidence in the dollar system. Jay also outlines why he believes tangible assets, particularly gold and critical raw materials, will play a larger role as governments rebuild domestic supply chains and prepare for a more fragmented global economy. Jay's Links: https://cambridgehouse.com https://x.com/JayMartinBC   / jaymartinbc     / thejaymartinshow     / cambridge-house-international   Follow Darrell on X: https://x.com/MoneyLevelsShow Follow the VRIC on X: https://x.com/vricmedia Follow the VRIC on Instagram:   / vric_media   Learn to invest alongside the top minds in commodities. Join The Commodity University today: https://join.thecommodityuniversity.c... Sign up for Jay’s newsletter at https://2ly.link/211gx 00:00:00 Introduction 00:00:31 China’s crackdown on paper gold 00:02:14 How paper claims can suppress gold prices 00:03:23 Physical gold and paper gold begin to separate 00:05:17 Why gold price discovery matters 00:06:16 Inflation, affordability, and dollar purchasing power 00:08:16 Measuring houses, cars, and groceries in gold 00:09:43 The Nixon gold shock and today’s parallels 00:13:20 What paper gold actually represents 00:16:25 How investors will know if gold is suppressed 00:17:57 Central banks accelerate physical gold buying 00:20:38 What gold buying reveals about global trust 00:21:32 The decline of reserve currency systems 00:23:17 Gold overtakes Treasuries in central bank reserves 00:24:30 The Shanghai Gold Exchange and Hong Kong vault expansion 00:27:22 What could change Jay’s outlook 00:28:26 The U.S. Treasury market as America’s credit card 00:31:08 The Jay Martin Show and Commodity University 00:33:40 Why capital is moving toward raw materials 00:35:20 Closing remarks Copyright © 2026 Cambridge House International Inc. All rights reserved.