Gold Pours into China to Meet Record Demand, Bypasses Hong Kong!

• The word on the street is that the Chinese have made a deal with the Americans: “The Chinese will not dump their US$1-2Trillion of Treasury bonds in exchange for physical gold at dirt cheap price!” According to this rumour: this is the real reason gold price is being depressed. And will continue to be depressed until all the physical gold are gone or the Chinese feel that they have accumulated the necessary amount!
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• The party executing this for the Chinese is the White Dragon Society (ie. Chinese Illuminati) and their enforcers: the Chinese Triads. The WDS, of course, represents the Dynastic Bloodlines, Dragon families ie. Chinese seed of the serpent! Ask yourself: if gold is such a bad investment, barbarous relic, why do the Chinese prefer it to USD? Hint: The Chinese have already made plans to write off US$1T of US Treasury bonds!
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• Gold pours into China to meet record demand, bypasses Hong Kong! 
  by A. Ananthalakshmi, http://in.reuters.com/ 
  Nov 20 (Reuters) – China, set to pass India this year as the world’s top gold consumer, has imported nearly a fifth more bullion than data from its traditional conduit Hong Kong shows as it brings in the metal via other routes.
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  Gold shipped from Hong Kong to the mainland, used as a proxy for Chinese demand as bullion imports are a state secret, nearly tripled to 855 tonnes in the year to September.
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  But a surge in China’s gold purchases as prices slumped by a quarter this year has also seen at least 133 tonnes shipped directly, according to Reuters calculations based on data from Global Trade Information Services (GTIS). That figure could be even higher as it does not include central bank purchases.
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  “This year, we have seen quite considerable flows coming directly to Shanghai. More gold will come into Shanghai over the next two years,” said Cameron Alexander, manager of Asian precious metals demand with metals consultancy GFMS, which is owned by Thomson Reuters.
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  Alexander said relying on the Hong Kong numbers could be misleading now, given rising direct flows to the mainland. The estimate of 133 tonnes is based on data from the top 20 gold exporters in the world that publicly disclose such information and probably understates the total since Britain and Switzerland do not provide complete details.
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  “In the last few months we have seen a significant rise in gold travelling into both Hong Kong and China from all over the world,” said a source at a top logistics firm that has shipped into Shanghai.
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  Exports from Switzerland – home to the world’s biggest gold refineries – are also being shipped directly to Shanghai, he said. The 133 tonnes does not include gold bought by China’s central bank. China said in 2009 that its official reserves of gold stood at 1,054 tonnes but it does not publish regular updates. Industry watchers estimate Chinese reserves may range from 4,000 to 5,000 tonnes by next year.
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  Hong Kong-based consultancy Precious Metals Insight estimates the central bank bought 300 tonnes of gold in the first half of 2013. That pace may have been maintained as China looks to diversify away from U.S. Treasury holdings, managing director Philip Klapwijk said.
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  Increasing flows through Shanghai – which are legal but only a fraction of the total because gold is mostly shipped from trading hub Hong Kong – underscore a government push to make it easier for its citizens to buy and trade gold.
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