gld inventory under 790 tons, page-108

hercules,

Exponential charts like this have a habit of suddenly going into reverse, I'm sure you won't need me to expound what's going to happen to the gold price if it does.

In the meantime China's rich are fleeing the country.

http://www.cnbc.com/id/101345275

Exactly what I've said in the past. 64% of China's millionaires are jumping ship, and I'm sure one of the reasons Chinese are buying lots of gold is so that they can export their wealth, there's strict foreign exchange controls in China.