Via comes this chart indicating how dramatically net gold imports from Hong Kong to China have increased over the years. Note that the 2013 total is through May, which, if extrapolated over the full year would be nearly double the record total of last year.

Of course, none of this seems to have benefited the gold price that has been falling as fast as gold imports to China have been rising over the last two years.

It’s too bad time travel hasn’t been invented yet as I’d love to see how current developments are looked back upon in five or ten years and, more importantly, what the gold price is when measured in the currencies of the U.S. and China.