[NRx]

You are looking at the wrong numbers. It’s not what percentage of the global economy it comprises but what percentage of the global supply of gold. Central banks have been in a slow but steady program of accumulation since the last financial crisis. And China has almost certainly been under-reporting their own reserves.

[DesertRhino]

Now why would that do that? /s

[Mogger]

And China has almost certainly been under-reporting their own reserves.

You are right.

Much of China's gold is in the hands of their wealthier citizens in the form of jewelry.

One of my friends was invited to a wedding there.

It went on for 5 days.

As guests arrived they gave gold necklaces and bracelets. The weights of each and the giver were recorded. My friend saw nothing under $5000 USD.

The bride was photographed several times, wearing jewelry as it came in, because it would be too heavy to wear at one time.

[The Westerner]

And what about our own reserves? I've been watching since we went off the gold standard. During Obama’s long recession, China and Russia were investing heavily in gold. Also, Libya was supposedly going to become banker to Africa given Kaddafi’s huge supply. Another question yet unanswered, what happened to Libya's gold after Benghazi and the corollary, did BHO and HRC’s op there have something to do with taking possession of it?
Thanks in advance if you can answer the first question, which is most important one to me.
T.W.