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Home>Central Banks>Jeff Nielson: China's real gold reserves at 4,000 tonnes

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Jeff Nielson: China's real gold reserves at 4,000 tonnes?

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Chris Powell

GATA

Published : May 03rd, 2013

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FOLLOW : Canada China Gold Gold Reserves

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Category : Central Banks


	Jeff Nielson of Bullion Bulls Canada writes today that China has probably raised its gold reserves to as much as 4,000 tonnes, far beyond the 1,054 announced in 2008 and reported officially today, and that it is probably talking gold down so it can get more metal inexpensively. Nielson's commentary is headlined "China's Real Gold Reserves at 4,000 Tonnes?" and it's posted at Bullion Bulls Canada here: http://www.bullionbullscanada.com/gold-commen...as-real-gold...

Data and Statistics for these countries : Canada | China | All

Gold and Silver Prices for these countries : Canada | China | All

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Chris Powell 13 abonnés

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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