Since 2009 China has withdrawn 12,000 tonnes of gold from the rest of the world, where the short and medium-term gold price is set. For reasons I will explain, a tighter market outside of China can make the price of gold price rise faster than many expect. https://www.zerohedge.com/s3/files/inline-images/Estimated%20Total%20Chinese%20Gold%20Reserves_1.jpg?itok=3PNNkd_I The