With each passing day, there is more and more speculation in the markets that China is accumulating and holding more gold than they’re letting on. China reports official reserves to the International Monetary Fund, but the nation is far from transparent on the real extent of their reserves. With just some simple math and extrapolation, it’s quickly clear that China’s demand and import numbers don’t match up to official reserve numbers. - What the Chinese know about gold ownership (and what we can learn)
Monday, November 18, 2013
Chinese Gold Rush
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
If the post you are commenting on is more than 30 days old, your comment will have to await approval before being published. Rest assured, however, that as long as it is not spam, it will be published in due time.