GOLD gold futures
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worrying demand trends?, page-9

  1. hercules007
    4,542 Posts.
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    21/05/12
    20:40
    Post #: 10204783
    loki,

    "A deflating property market in China could be a problem for gold as people are less inclined to speculate when their wealth is reduced"

    You are so so so wrong.

    I am Chinese. I know a big majority of Chinese who buy the real stuff are not speculating. These real gold, bars, coins, bullions, etc, will be accumulated, and passed on within the family.

    Family wealth, family fortune, family property, that will only be spent as last resort when faced with financial pressure/difficulties.
    Value at posting: $0.00
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