“Since 2013 China continues to absorb physical gold from the rest of the world at a staggering pace.Worth noting is that gold imported into the Chinese domestic market is not allowed to be returned in the foreseeable future.
Because ownership and the disposition of these volumes of gold likely will be of great importance next time around the international monetary system is under stress, it’s well worth tracking China’s progress of imports – especially because the mainstream media and most consultancy firms are in denial of these events.”
Koos Jansen, BullionStar
“Gold is unique among assets, in that it is not issued by any government or central bank, which means that its value is not influenced by political decisions or the solvency of one institution or another.”
Salvatore Rossi, Chief of the Central Bank of Italy, 30 Sept 2013
Related: The Chinese Gold Market Essentials Guide
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