China's Govt controlled gold reserves already 4,500 tonnes plus sharpspixley.com

LAWRIE WILLIAMS: China's Govt controlled gold reserves already 4,500 tonnes plus

"That the Chinese commercial bank gold holdings could be utilised in extremis by the Chinese government was alluded to in a discussion between Ken Hoffman and Hong Kong-based Philip Klapwijk. Ken is Bloomberg Intelligence's Senior Metals and Mining Analyst who put forward this theory to Philip Klapwijk, Former Executive Chairman of GFMS before its takeover by Thomson Reuters, now Managing Director of Precious Metals Insights, who agreed that this was indeed a logical position. Both are experienced China watchers and will have a better perspective on this than most other analysts."


Precious Metals Insights Limited PMI gold, silver, platinum and palladium markets consultants, advisers and analysts Hong Kong. Supply & demand analysis, production, consumption and recycling consultancy. Managing director: Philip Klapwijk.
Email: info@preciousmetalsinsights.com
Website: www.preciousmetalsinsights.com


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