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sneezy67
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China’s Gold Reserves Updated: Surprised? - Dan Popescu - GoldBroker

Dang Mr. Popescue.... a lot of information in this article....Thank You

Commented 3175 days ago

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Beginning of the headline :On July 17, 2015, China updated its official gold reserves as being 1,658.1 tonnes. This represents an increase since the last announcement in 2009 of just 604 tonnes (+57%). This amount is far lower than most expectations of between 2,000 and 4,000 tonnes, including mine. Surprised? Yes, I am. If we look at the amount of gold that has been brought into China, especially since the 2008 financial crisis, it is estimated China has accumulated approximately 14,753 tonnes. What we don’t know is how... Read More

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