The reason KYC exists for obvious non combatants is because our gov. have been planning tokenisation. Sooner than one might imagine you will be a criminal for holding metal. You will have to hand it in to Marrickville and have 'tokens'.
"Do not try and time the system...." Wise words.
While the People’s Bank of China reported adding roughly 40 tonnes to its reserves in the first half of 2026, including 15 tonnes in June, tracking by multiple institutions indicates actual purchases…
nai500.com
Willem Middelkoop, founder of the Commodity Discovery Fund and author of The Big Reset, argues that Beijing welcomes lower gold prices precisely because it is still accumulating. He estimates total Chinese gold demand surpassed 150 tonnes in June alone. Official data compiled by the World Gold Council put PBoC buying for that month at approximately 15 tonnes. Middelkoop revealed that at a 2015 event in Beijing, a former central banker told him the PBoC is not the only state institution purchasing gold, identifying the State Administration of Foreign Exchange as one of the other buyers. He also noted that Silk Road countries, including China and India, have accumulated more than 50,000 tonnes since the 2008 financial crisis.
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