Wow, China is still going crazy hoarding gold—

In May alone, China quietly swept up 48 tons of gold in the London over-the-counter (OTC) market, setting the highest monthly record in more than a year.
These 48 tons of real OTC gold purchases are a full 4.8 times the official “on-paper” figure of 10 tons released for that month.
In June, China’s central bank also officially added another 15 tons of gold, directly setting the highest monthly increase in the past two and a half years and delivering an epic streak of 20 consecutive months of frantic buying.
This year, the official on-paper tally only shows an increase of 40 tons, but if you reconstruct it using the most conservative 2x coefficient from Goldman Sachs, the gold accumulated below the surface has already been pushing toward 80 tons.
Doesn’t China also hoard Bitcoin? If war breaks out, it’s also easier to carry & transfer 😂