Do the Chinese really believe the U.S. is selling down its gold reserves?
06.09.2010
A Chinese news report has suggested that Central Banks - including the U.S. Fed - may be selling gold. Data do not seem to bear this out, but....
We always have to remember that the Chinese are inscrutable. The Chinese government is very careful not to say any more than is necessary on anything. It's also very useful to have people, supposedly close to government makes statements that may appear to be government policy. Many of the statements come from people helping to lay a smokescreen for the true picture, or to get a reaction, like tossing a stone into a bush to see what flies out.
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