From analyzing SGE premiums, the gold price and cultural trends, my conclusion is that the PBoC did not block 300-500 tonnes of gold from being imported in 2019, as was reported by Reuters.
Debunking Reuters’ Story “PBoC Blocked…
From analyzing SGE premiums, the gold price and cultural trends, my conclusion is that the PBoC did not block 300-500 tonnes of gold from being imported in 2019, as was reported by Reuters.