Actions speak louder than words, and China's actions are speaking volumes!
China to have storage for 3,500 tonnes of gold IN LONDON.
This, in addition to the gold storage facilities in China!
Of course they may also store silver in London, And silver is much less value dense.
To paraphrase a song of yesteryear, "First we take London, then we take New York".
We don't have the detail, but we do see the broad thrust of China's plan to control gold.
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