Yesterday we saw the following headline: “China Gold Imports Soar To Two Year High” confirming what we believe about China having more gold than you can imagine.
And we base that belief not only on the amount China has been importing but also on what they produce in China.
The article said:
China’s monthly gold imports reached their highest in more than two years in May, showing the world’s biggest buyer’s appetite for bullion remained resilient as prices remained under pressure…
As Bloomberg reports, imports were around 163 tons last month, the highest since March 2024, according to customs data released on Saturday. Volumes for the first five months of 2026 were about 692 tons, up by about 76% from a year earlier.
Remember, the above numbers are for IMPORTS ONLY.
And it’s a well-known documented fact that China produces between 380-400 tons of gold annually and have been doing so since 2007. *
(* Note: These figures represent gold extracted from domestic mines in China.)
So, let’s do the math.
Approximately 390 tons per year since 2007 would be 7,410 tons.
And China does NOT export their gold.
Adding that 7,410 tons to the imports for the first five months of 2026 alone would equal 8,102. *
(* Note: China has been importing vast amounts of gold every year and they are not included in the 2026 figures so far)
But wait!
If the United States holds the largest official gold reserves in the world – officially totaling 8,133.5 metric tons – then wouldn’t the official number of Chinese tons of gold literally dwarf that of America?
However, according to China, their “official gold holdings” total a measly 1,948 tons.
LMAO! 1,948?
More Than You Can Imagine
This brings us to one of our favorite questions:
WHO DO YOU BELIEVE?
And based on the recent price actions in the gold and silver markets, China is taking advantage of our 20% off sale on gold.
Buying the Dip!
Smart…Very Smart.
Ironically (or NOT) China is draining the COMEX vaults dry with physical delivery.
And it’s even more pronounced in the silver market.
Bottom line???
China is the consummate example of an article we wrote back in our 2017 Newsletter titled:
Gold, If You Don’t Hold it…You Don’t Own it
It’s available as a FREE REPORT (HERE).
