China's exhausting its gold reserves at 5 times the global rate
By GCRU Gold News on Thursday, June 16 2016, 13:32 - Permalink
Notably, China's production-to-reserves ratios for gold and iron ore are 23.5% and 19.2% respectively. In comparison, global usage rates for gold and iron ore are at just 4.9% and 3.8% respectively.