Personally, I'm a little more than reluctant to believe China's gold reserves have shown growth. Grab your favorite search engine to confirm; "Kingold, a Wuhan-based company is alleged to have used fake gold bars to obtain $2.8 billion in loans. It’s a case of misrepresentation and putting on a great front for lenders. The company apparently used 83 tons of gold bars for collateral of the loans." I know that's only one company, but it was nearly 3 billion. And this is exactly something I'd expect from china's leadership- fraud. (Exactly like USA leadership, thanks.) Personally, I don't think this is the last we'll hear of something like this. And who knows who's going to be left holding the bag next time.