🐋 WHALE WATCH : China bought an estimated 48 tonnes of gold through the London OTC market in May the highest monthly volume in over a year. The PBoC has now accumulated for 20 consecutive months straight the longest run in over a decade.


Goldman Sachs estimates actual Chinese buying runs nearly 5x what Beijing officially reports.
The sovereign rush into hard assets is already underway. The official numbers just dont show it
GS-0.74%
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