Hey IDC HoldersWhile we wait for the PFS in the next few weeks,...

Hey IDC Holders

While we wait for the PFS in the next few weeks, the mineral ore we have in abundance at Mt Kare is set to launch in value.

We have imminent Bank of England Money printing 50Billion Pounds worth coming next month, we have US Federal Reserve about to announce $600Billion QEIII and Bank of Japan about to print another $40-50Billion worth of Yen! All of these actions will lead to an additional surge in Gold Bullion Prices, as they did in 2008 and 2011 when the price of gold rose from $650/Oz to $1500/Oz.

Now we have RECORD HIGH IMPORTS OF GOLD FROM CHINA!

China is the world's largest producer of gold bullion and they are importing gold bullion in record numbers??? Ask yourselves why???

With $5,200,000,000,000 in cash, over the last 8 years the Chinese have been buying up property to protect their wealth.

Now that there are government limits on house purchases the Chinese, with the CHinese govt requiring 50% deposit on a second home and 90% deposit on a 3rd. Gold Bullion is THE ONLY HEDGE FOR INFLATION!

Cheers Nectar

Chinese gold imports near record
MINING.com News | June 4, 2012
Consumers made the most of the dip in the price of bullion and mainland China's gold purchases via Hong Kong hit a record 101.7 tonnes in April, up 62%, according to figures released by the Hong Kong government and reported by Reuters.

Quarterly data from the Hong Kong census and statistics office showed the Middle Kingdom also exported much more gold – 34.3 tonnes of the yellow metal found its way back to Hong Kong bringing the net imports to 67.4 tonnes.

China's imports hit a record of 102.5 tonnes in November 2011 and for the whole of last year net imports were 380 tonnes, up from the roughly 120 tonnes in 2010.

China's renewed appetite for gold is in contrast to India, historically the number one global importer of the metal.

India’s gold demand is expected to fall by 4% in volume in 2012 according to a new Morgan Stanley survey. India imports between 800 to 1000 tonnes of gold each year.

Indians already own 20,000 tonnes of gold worth $1 trillion – that's about half the GDP of the nation.

http://www.mining.com/2012/06/04/chinese-gold-imports-near-record/