The evidence is a 30 year bear market after it became obvious in 1979 what happens if the Central Bankers don't manage ALL alternatives to the US reserve currency.
Volker himself lamented they should have done more to manage the price of gold. And so they did.
The whole concept is relatively simple to understand.
China is still part of the fiat loving banking system, they still need to play the fiat confidence game. Until such time as the 'confidence' can no longer be maintained with the general public that is, or it's strategically in their interest not too.
If they had done a Venezuela and withdrawn all their gold it probably would have given the game away too soon. Odds are they have much more gold than has been disclosed, by not advertising their position they managed to accumulate gold at much lower prices than today.
If they were to turn around now and join Venezuela demanding their gold they are in the box seat. They can discredit Western Banks for not honoring the safe keeping of their property and bring down the Western financial system that is already on its knees.
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