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Koos Jansen: China's govt. and private gold reserves likely total 16,000 tonnes

Submitted by cpowell on Mon, 2014-11-24 11:53 Section: Daily Dispatches

11:50a ET Monday, November 24, 2014

Dear Friend of GATA and Gold:

China's government and private gold reserves likely total almost 16,000 tonnes, Bullion Star market analyst and GATA consultant Koos Jansen figures today, calling attention to a Deutsche Bank report estimating that the People's Bank of China is accumulating gold at a rate of 500 tonnes per year. Jansen's commentary is posted at Bullion Star here:

https://www.bullionstar.com/blog/koos-jansen/total-chinese-gold-reserves...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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