GOLD 0.51% $1,391.7 gold futures

Something to consider for bears (world economy bears; not...

  1. 1,418 Posts.
    Something to consider for bears (world economy bears; not necessarily gold bears).

    Big bears believe that China is doomed.

    But newly rich Chinese are sucking up heaps of gold.

    The two won't march along together. What's that mean for gold?

    China crashing + all those newly poor chinese unable to buy gold = big drop in price.

    I think that we all know that will happen at some stage.
 
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