It’s well-known that the Chinese Central Bank has been on a gold buying spree. They have added to their gold reserves for 10 straight months — the most recent report says they now hold 2,165 tons of gold.
Central Bank #Gold Buying News:
According to Bloomberg, the Chinese central bank added 11.2 tons of gold in March.
China has added almost 33 tons in the first quarter of the year. 🇨🇳#GoldmoneyResearch pic.twitter.com/Qx1jDXjkJi
Trending: WATCH: Did the World Economic Forum Already Signal the Next Manufactured Crisis?
— Goldmoney Research (@GMoneyResearch) April 8, 2019
And the Chinese people – already the top gold consumers in the world – are also putting more money into gold. Channel News Asia reports: “Many jewellery shops are crowded with people who are crazy for gold jewellery,” said Michael Lee,
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