gimee a break jim
china is the largest producer of gold in the world.... They also import a very significant whack of gold in the metal concentrates they process.... all they need to do is buy up their domestic production and their refined concentrate production and they can easily acquire all the gold they need by just printing yuan to cover the purchase... I suspect this is what china has been doing for many years already and it can continue doing so until they exhaust their gold mines...
Jim doesn't mention the american gold reserves have not been audited for decades and decades. The american gold reserve number is most likely a fiction...