China may increase gold reserves beyond 'Fort Knox' level – Hale

``China’s central bank is being advised to increase its gold holdings nearly tenfold to a level greater than the world’s biggest bullion depository, the US’s "Fort Knox"... Various officials in China have proposed the central bank should increase its gold reserves to 10 000 t, which would give China larger gold reserves than Fort Knox... “China will probably start to buy gold in the near future, but they won’t report it for two or three years,” Hale says.''