One of the biggest unanswered questions facing the gold analyst and investor is ‘are China’s officially reported gold reserves to the IMF fact or fiction? According to the country’s central bank, which reports these figures to the IMF, which does not check any of the nationally reported gold reserve figures, these have remained static at 59.24 million troy ounces (1,842.6 tonnes) for the past 20 months keeping the country in sixth place in terms of national gold holdings. Well the answer to the question, in our opinion (pure speculation), is yes they are fact and fiction at the same time and one has to understand ... (full story)