China is importing huge amounts of gold, 1,051 tons through Hong Kong alone since 2010. It has been suggested that the recent decline in gold price was orchestrated by JP Morgan to gain favour and influence (buying opportunity) with their Chinese clients and powerful politicians, but now the available supplies of gold for that purpose are drying up, At the current rate of accumulation, in addition to all domestic gold mined, Chinese gold reserves held by the goverment could exceed the 8,133.5 tons said to be held by the U.S. in as little as four years, but whether the U.S. amount actually exists is a secret - there has been no actual audit in more than 60 years. Recently, Germany announced it's intention to repatriate all its foreign-held gold reserves, some of which are held in the U.S., but apparently it will take up to seven years to get it back. Something's not right.