gold set to go a lot higher, page-50

Hi touchfone, each to their own view of course, however I think your view particularly on China is flawed. Their gold holding & the gold market is so small it wont have the impact you are referring to. India's economy is very different to China's, a lot more fragmented. The Chinese also have a historic affinity for gold & that's unlikely to change, the government is buying gold & I think they will keep a portion of gold albeit small as part of their reserve base.

The evidence is that China is freeing up the gold market in China, allowing to ETFs to be launched for instance. So these are all quite contrary to your view.