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0.51% $1,391.7 gold futures

china gold buying stuns precious metal traders, page-4

  1. alpha141
    358 Posts.
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    07/02/11
    10:36
    Post #: 7851356
    1 Tonne - 35 273.9619 oz from my google searching.

    So 200t = around 7m oz

    Or about $9.5b US...For the Chinese chump change haha

    They are trying to offload their US$2.5+ Trillion as quietly as they can into real assets...whether that be IO billion dollar projects or gold. This will only continue IMHO
    Value at posting: $0.00
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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