You are here
Jan Nieuwenhuijs: Estimated Chinese gold reserves rise above 5,000 tonnes
1:57p ET Tuesday, September 5, 2023
Dear Friend of GATA and Gold:
Gold researcher Jan Nieuwenhuijs, who has closely followed the gold market in China for many years, today provides his estimates of China's official gold reserves and the amount of gold held by the country's residents. It's a lot in both respects.
Nieuwenhuijs' analysis is headlined "Estimated Chinese Gold Reserves Cross 5,000 Tonnes" and it's posted at the Gainseville Coins internet site here:
https://www.gainesvillecoins.com/blog/estimated-chinese-gold-reserves-cross-5000-tons
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
... ADVERTISEMENT ...
Protect Against Inflation with Kinesis
and Earn a Yield on Gold and Silver
Kinesis is an online investment platform giving you access to fully-allocated, sound-money assets, Kinesis Gold (KAU) and Kinesis Silver (KAG). With Kinesis you hold legal title to physical gold and silver bullion at all times and pay nothing for their secure storage.
On the Kinesis platform gold and silver can be used for making everyday payments with the Kinesis Virtual Card, adding utility to the value of precious metals. On the Kinesis platform you can buy gold and silver at some of the lowest market rates across the industry and take physical redemption any time.
Kinesis offers investors the opportunity to own yield-bearing gold and silver with a return on physical precious metals holdings. With low transaction fees and fast settlement times, investors enjoy a seamless experience that puts them in control of their financial future. For more information, please visit:
Join GATA here:
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, November 1-4, 2023
* * *
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
http://www.gata.org/files/GATA-4-wine-bottles.jpg
Buyers can compose their case by choosing as many as four varietals from the list here:
http://www.gata.org/files/FayJWineryVarietals.jpg
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: