How much gold does China’s Central Bank/Government currently own? How much will they admit to owning when they update their holdings in June? Estimates of China’s gold holdings range anywhere from 4,000 tonnes to 40,000 tonnes. No one knows how much gold they will report, but it is highly probable that the number they do report is a number that they want the mainstream world to believe and there’s probably a lot of thought that has gone into masterminding this disclosure.
Will the official updating of China’s gold reserves trigger the beginning of the end for the current financial system? When the derivatives induced collapse gets rolling, Bix Weir states:
“When the bond market collapses it will make the stock market crash look like a day at the beach.“