the golden yuan is coming , page-2

I estimate China's central bank stash now stands at 4,409 tons. It could be even bigger than that.
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That's a very exact figure given that China doesn't publish any official data on how much gold it has.

How did the author come to this conclusion? Throwing darts, ouija board or a visit to a fortune teller?

He's invoking Rule 12 of the 12 golden rules.
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12. China & India know the value of Gold; the Western world does not: The massive buying of gold by consumers in Chindia reflects the culture, intelligence and investing savvy of the people in these countries. The West doesn’t get it, and it is their loss.

Bonus rule: Never admit Gold might be falling because it trades on human emotions and psychology and has no intrinsic value whatsoever.
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