Find out why gold and silver have been one of the best performing asset classes of the past decade and why they will continue to provide a source of financial stability during times of economic turmoil.China is also expanding their gold holdings as a hedge against a declining US dollar. Gold currently makes up a tiny fraction of China’s reserves and they would have to increase their holdings by more than 700% (8,200 tons) in order to catch up with the USA. Chinese citizens are buying physical gold and silver in massive quantities since the government opened the market up in 2003. Indians, the world’s largest consumers of gold, continue to buy up massive amounts of the metal in the form of jewelry and bullion.