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china gold buying stuns precious metal traders

  1. 2,213 Posts.
    QUOTE:
    "LONDON -Consider the following paragraph from London's highly respected Financial Times - a publication not usually prone to hyperbole: Precious metals traders in London and Hong Kong said on Wednesday they were stunned by the strength of Chinese buying in the past month. "The demand is unbelievable. The size of the orders is enormous," said one senior banker, who estimated that China had imported about 200 tonnes in three months".

    http://mineweb.com/mineweb/view/mineweb/en/page33?oid=119820&sn=Detail&pid=102055
 
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