Oddbean new post about | logout
 Recent reports suggest that China could be hoarding over 5,300 tonnes of gold, dwarfing official numbers. Jan Nieuwenhuijs, an expert in the Chinese gold market, found that the actual gold reserves held by China might comprise over 5,300 tonnes, which is a significant amount. Despite being the largest producer of gold in the world, China's central bank has been at the forefront of a surge in purchases of the precious metal on the international market as it seeks to reduce its reliance on the dol