EUA em pré-colapso, China já se protege: sobe 57% reservas-ouro.
Many believed China would announce even larger holdings than this. Ross Norman, CEO of bullion broker Sharps Pixley, told the Wall Street Journal, “The figure published by the PBOC is roughly half the market consensus on what we had thought they had accumulated…” It’s true. Analysts around the world were expecting a much larger rise in China’s official holdings. As we reported in April, Bloomberg Intelligence predicted the PBOC could hold as much as 3,510 tons of the metal. Jim Rickards – author of The Death of Money and one of the savviest commentators on the global economy – was also predicting much larger Chinese holdings. He did the math with Peter Schiff last August: China officially says they have about 1,000 tons of gold, but we all know that’s not true. They have some number, no one knows exactly what it is, but you can make a reasonable estimate that they actually have 3,000 or 4,000 or perhaps even 5,000 tons of gold.
“Now, that’s not just guess work. How do we know that? Well, we know what their mining output is. It’s over 400 tons a year. We know what their imports through Hong Kong are. They’re about 700 tons a year. So you add that up, that’s 1,100 tons. I have information that I talk about in my book, that they’re bringing gold in through military convoys through central Asia that could be coming from Russia or Kazakhstan or elsewhere, so add that to the mix. They’re getting probably 1,500 tons a year. This has been going on for five years, so that’s 7,500 tons.
“What we don’t know is how much of that is going to private investment in China, how much of that is going to the government? We don’t know that number, but just use half and half as a first approximation. So right there, that would add over 3,000 tons to China’s reserves, so they’re probably close to 4,000 tons.”
Há mais reservas na surdina: podem já ser maior que os EUA.
China’s gold holdings grew by 604 tons to 1,658 tons since 2009, according to the data from People’s Bank of China revealed on Friday. The country thus overtook Russia to become the fifth largest holder of gold in the world. The information has been disclosed after a six-year delay. China’s central bank has reported changes to its gold reserve levels only four times over the last 15 years, according to analysts at UBS. “The market has been speculating on the size of China’s gold reserves for years and the central bank has always been reticent until now,” Fu Peng, a portfolio manager at Lianzhan Global Macro Fund Management Co., told Bloomberg.
