GOLD 0.51% $1,391.7 gold futures

gld lost another 4.5 tons, page-48

  1. 33,037 Posts.
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    Spdr Gold down another 4 tonnes. It's never ending.
    Here's a good theory.

    Big news in the USA Is all the property being sold to Chinese, spiking the property markets higher on both coasts. All the gold going to China is probably being instantly re-exported to the West as they try to get the hell out of the Middle Kingdom with all it's problems. They can only take out US$50,000 p.a. so what better way to get your moola out than with gold. Businesses are springing up in the USA to help Chinese get their money out of China.

    A Chinese guy yesterday on TV explaining why Chinese want out of China.

    I already predicted this some time back. Right again! Lol
 
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