This increased flow of bullion may be the result of Gresham's Law, which states that 'when a government overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation.'

The data suggests that gold is very underpriced in US dollars because of an effort to make the dollar appear to be strong and gold to be disreputable as an alternative store of wealth. Why should gold be more favored than cash money in their own currencies, which central bankers would also like to eliminate to ease their policy blundering along.

Whatever else someone may say about this, it is apparent by any examination of the figures that gold bullion is flowing from West to East, and in some fairly consequential and increasing volumes.

'Silk Road' Countries Gold Reserves Accumulation Has Grown 450% Since 2008