As China Accumulates Gold for RMB Internationalization, Estimates Have Their Holdings at Nearly 20,000 Tons http://rgn.bz/NFrD

One of the more difficult things financial analysts have had to do is to try to piece together just how much gold China has accumulated over the past 10-20 years. For some analysts like Dr. Jim Willie, the estimates range between 25,000 and 40,000 due to market insiders who provided him information that China had been buying at least 1,000 tons of gold per month for more than a year and a half.


Additionally, China has become the world’s largest gold producer and per state policy, does not export any of its metals to foreign markets. Meaning that they produce between 276 tons (2006) and 450 tons (2014) per year, every year.

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