ALASDAIR MACLEOD: RUSSIA AND CHINA BUILDING THEIR GOLD RESERVES
JULY 2, 2013
China has been notably relaxed about her own people acquiring gold, and the government itself appears to be absorbing all of China’s mine output. Russia is also building her official reserves from her own mine supply. The result over time has been the transfer of above-ground gold stocks towards these countries and their allies. The geo-political implications are highly important, but have been ignored by western governments.