GOLD 0.51% $1,391.7 gold futures

from ainsley bullion company today - re china, page-8

  1. 3,382 Posts.
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    "How long can the high frequency (paper) traders keep down this price?"


    It has nothing to do with paper traders guys, if you believe that you'll ride the next bear market down.

    What will cause Chinese demand to fall is a rise of price. This is exactly what we saw in 2011 when gold reached $1920

    The reason why Chinese demand has surged is because prices have fallen so much. I really can't understand why this is hard to understand.

    If prices hadn't dropped their net imports would have been similar to Jan and Feb.

 
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