Interesting interview...
Rickards explains something like... Chinese buyers of gold don't have to go through the paper market, they can just buy into Western Australian gold mines. Do it on the quiet etc.
At the 10 minute mark, I think....
http://bullmarketthinking.com/james-rickards-when-the-international-monetary-system-collapses-its-going-to-be-about-how-much-gold-you-have/
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- getting around paper gold via wa mines