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TF Metals Report: People's Bank of China adds 16 tonnes of gold in August

Section: Daily Dispatches

3:30p ET Monday, September 7, 2015

Dear Friend of GATA and Gold:

Even while it has been selling a lot of U.S. Treasury bonds, the People's Bank of China continues to add to its gold reserves, in the amount of 16 tonnes in August, the TF Metals Report's Turd Ferguson reports today. The monthly additions, Ferguson adds, are running at a rate of about 200 tonnes per year. His report is posted at the TF Metals Report here:

http://www.tfmetalsreport.com/blog/7124/china-officially-adds-another-16...

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



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