🐋 WHALE WATCH : China bought an estimated 48 tonnes of gold through the London OTC market in May the highest monthly volume in over a year. The PBoC has now accumulated for 20 consecutive months straight the longest run in over a decade. Goldman Sachs estimates actual Chinese buying runs nearly 5x what Beijing officially reports. The sovereign rush into hard assets is already underway. The official numbers just dont show it(Whale Factor)