That is, the number of digital certificates for physical gold that actually lies in storage. This is not a game on futures, not a paper market, but the most real metal.
The Chinese are massively fleeing the dollar and bonds to something that shines and is not subject to sanctions. The People's Bank of China has been increasing its gold reserves for 23 months in a row (!) - already over 2300 tons, and the total value of reserves is almost 244 billion




