http://finance.yahoo.com/tech-ticker/article/382000/Rosenberg-Gold-Going-to-2600-Thanks-to-China?tickers=GLD,GDX,%5EHUI,ABX,NEM,GOLD,FCX&sec=topStories&pos=8&asset=&ccode=
If China were to lift their gold reserves to 5,000 tonnes, which is equivalent to about two years of global production, that shift in demand would boost the gold price by $800/oz to around $2,000 ($1,978) based on our models. If China moves towards 10,000 tonnes, well, that would end up taking the gold price to $2,623/ounce if our calculations are in the ball-park.