The Rule of Gold
Since 2007, China has remained the world's largest producer. Its production reached 464 tonnes in 2016. Last year's output of 404 tonnes was still 30% higher than that of the world's second-largest producer, Australia. As well as being the world's largest producer, China has also become the world's top gold importer. It almost certainly already has more gold than the US. How long before it makes the rules?
