GOLD
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0.51% $1,391.7 gold futures

from ainsley bullion company today - re china

  1. dub
    33,892 Posts.
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    09/05/13
    13:47
    Post #: 11743557


    News just out that China’s imports of gold for March reached a staggering 223.5 tonnes (compared to 51 and 97 in Jan and Feb).

    That is about 10% of total 2012 world production in one country in one month!

    They are voraciously acquiring gold in a world where everyone is doing the same.

    How long can the high frequency (paper) traders keep down this price?




    dub
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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