GOLD 0.51% $1,391.7 gold futures

don't believe in gold? good for the chinese

  1. 4,523 Posts.
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    yeah keep knocking, keep knocking gold down, here is a big THANKS on behalf of the Chinese goldbugs.
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    Don't Believe In Gold? That's Ok, Just Leave It To The Chinese
    by Agustino Fontevecchia, Forbes Staff

    http://www.forbes.com/sites/afontevecchia/2012/01/11/dont-believe-in-gold-thats-ok-just-leave-it-to-the-chinese/

    Many investors have reverted to questioning gold again after the yellow metal’s two massive 2011 corrections and relative underperformance toward the end of the year. Despite the skepticism, Chinese demand is red hot, hitting a record in November according to the latest data and possibly helping put a floor under prices and fueling a further bull run....
 
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