"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.
from ainsley bullion company today - re china, page-8
-
-
- There are more pages in this discussion • 32 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online