GOLD 0.51% $1,391.7 gold futures

chinese debt out of control, page-32

  1. 3,107 Posts.
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    Hi BW, yes thanks for the taste....

    very interesting that property rules in China at the moment, do they also have government incentives etc and are property prices going through the roof?

    Have you a view on the gold pricing there in China, for example do you see premiums being paid for physical over the paper price? Do they use the COMEX pricing?

    The people I've known that have travelled mainland China are astonished at how different it is to the the perception the western press gives, absolutely astonished at the vibrancy and magnitude of the country.

    Hows the crime there, I imagining that all those mainlanders would be storing their gold at home, do you hear of many robberies etc, I think probably not though that is one paper bug argument against physical possession of GOLD in the west?

    Anyway, I appreciate your response and would love to hear the 'on the ground' position whenever it differs to any postings that may appear on HC.

    Cheers
    BG

 
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