Gold selling price, conspiracy theory: Is Australia’s gold sold in secret? | news.com.au — Australia

Is Australia’s gold really being secretly melted down and sold to the Chinese?

If you’re into conspiracy theories, talk of impending global economic collapse and have a deep distrust of central banks, you may have come across this one.

It goes like this. Most people would be aware that the Reserve Bank of Australia, like all central banks around the world, holds a portion of the country’s reserve assets in gold.

By Frank Chung

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