"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?"
I'll tell you how long.......as long as they damn well please.....this has been going on for years & no amount of suspicion, lawsuits, inquiries, commissions...etc etc etc ar gonna change anything..these dudes are untouchable ...they run the show ....have done for a millennium and I see nothing of late that's gonna change it....sorry.....no body would love to see the banks get their comeuupance more than I but I don't like my chances of ever seeing it
