GOLD gold futures
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china may push up gold price, page-3

  1. Ophir
    11,173 Posts.
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    14/11/12
    20:53
    Post #: 11001195
    China won't push up the gold price until it's got plenty more first, it's busy buying on an ongoing basis, and the cheapest gold of all IMO, is in the ground, owned by Aussie gold companies. That's why the Chinese are buying ours up for relatively a song. ie NGF, $6 billion-PLUS gold in the ground, bought for $200m, lol... There'll be plenty more. Let's hope we're not all stupid enough to give it away.
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