Yes, I agree.
A very good article in The Australian where Robin Brumby concludes about gold that we "We have a new ball game."
http://www.theaustralian.com.au/business/mining-energy/china-demand-drives-gold-stocks/story-e6frg9ex-1225849626073
Once the mainstream media get involved in this way then the general public catches on.
I must admit, with the death penalty looming large, it is difficult to envisage for example an ETF being set up in China where the public invests believing their investment units are 100% backed by physical gold to find out they are only backed by paper gold IOUs or not even that.
I also find it hard to imagine that Chinese regulators would tolerate naked shorting of gold futures contracts or anything along those lines.
So I am very interested to see what the World Gold Council is going to promote in China.
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