“No one can know with any degree of accuracy when China will officially announce its gold reserves. I went out on a limb and said China could do that by April 24, 2014, since the country has a fetish for doing things in increments of five, and that date was five years after the previous announcement. But the reality is China could shock the world at any moment with its gold holdings. Focusing on a wrong date, though, is like faulting Shakespeare for misplacing a comma — you’re blind to the far-greater message: that China is cornering the market in gold because of a dramatic revision to the global monetary order that we all know as normal.”

http://thesovereigninvestor.com/2014/04/30/hoarding-gold-chinas-plan-survival/

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