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Jan Nieuwenhuijs: Secret gold purchases by Chinese central bank reach mainstream media
By Jan Nieuwenhuijs
Money Metals Exchange, Eagle, Idaho
Wednesday, June 11, 2025
Bloomberg has finally published an article on covert central bank gold buying (mainly by China), a topic about which I have been disseminating evidence since February 2023.
Better late than never.
As this "news" reverberates through the mainstream media, more investors will come to realize the sheer size of unreported purchases by central banks—prompted by the biggest credit bubble in history combined with the weaponization of the dollar -- and the quicker the price of gold will rise.
... Dispatch continues below ...
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I revealed evidence about secret gold purchases in 2023, after two industry insiders pointed out to me a discrepancy between the World Gold Council's quarterly estimates on total central bank buying, based on field research, and official data by the International Monetary Fund, based on what central banks admit to have bought.
"The difference is mostly caused by the People's Bank of China," I was told. Mind you, by that time the difference had already accumulated to 2,000 tonnes. (Today it's at 3,500 tonnes.) Since then I have been researching unreported purchases by central banks because of their significance to the global financial system. ...
... For the remainder of the analysis:
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