News just out that China’s imports of gold for March reached a staggering 223.5 tonnes (compared to 51 and 97 in Jan and Feb).
That is about 10% of total 2012 world production in one country in one month!
They are voraciously acquiring gold in a world where everyone is doing the same.
How long can the high frequency (paper) traders keep down this price?
dub
from ainsley bullion company today - re china
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