China started it way back in May of this year: After all, the world’s largest producer of gold, which also happens to be the world’s most populous nation and third-largest economy, must have a good reason for its purchases—and quite a few experts said the move solidifies gold’s place as a monetary asset, and shows that it’s destined for a brighter future. "The important take-away is that China itself is absorbing the bulk (if not all) of the production of the world’s largest producer of gold (also China) with the now confirmed intent of building reserve holdings" said Peter Grant, a senior metals analyst at USAGOLD-Centennial Precious Metals. Full Article at Knowledge Is Power