I was recently talking about the huge Chinese jewellery demand...

I was recently talking about the huge Chinese jewellery demand and how it locks up gold in a form in which most of it will NEVER return to the market (unlike the recent unwind of speculative gold positions).

I found this quite an incredible statistic regarding growth in China which helps to put the size of the Chinese economy and its growth into perspective.

"China is building an airport every 24 days whereas it has taken Australia 24 years to decide. (SMH)"

I don't think we have any reason to expect gold demand to fall which is what the mainstream media wants us to think. The only demand they talk about is speculative demand.
The 1970-80 bull market climbed further than the current one and it was only driven by speculative demand with much less buying from India and almost no buying from China. Very different situation now. There are plenty of other Asian buyers as well.