05 December 2015

China Understands the Gold Bullion Game - Lars Schall and Koos Jansen

Here is a new interview from Zurich's Lars Schall with Koos Jansen, discussing the Chinese gold market and the patterns of People's Bank of China purchasing for their reserves, both disclosed and otherwise.

You may find a complete transcript of this interview from Lars Schall's site at China Playing the Gold Game Carefully.

The gold bullion game is much broader and more politically charged than most commodity markets, since it cuts into the push and pull between nations and groups of nations and very powerful private groups that seek to use money for their own purposes of power.

Contrary to the very clumsy public relations campaign, gold is hardly a 'pet rock' or something about which the central banks never think.

Silk Road Gold Demand Taking All New Mine Production and More - A Game of Consquences
Koos Jansen: Renminbi Internationalization and China's Gold Strategy