With the Chinese recently investing in many Australian and overseas gold companies, many of them unprofitable. It got me to thinking about their reasoning for investing in a commodity that has lost its lustre over the last 3 months.Is it to back up a new world currency? is it to cover the US debt they are holding or is it for other sinister reasons.A figure i would love to know is the % of current production and known in ground ozs they actually own and peoples thoughts on why.
