The Phaserl


China Alone is Buying Enough Gold to Make Prices Soar

by Andy Hoffman,

Last month, I reported from the “Middle Kingdom” that Chinese retail gold demand was every bit in person what we read on paper.  The public DOES NOT STOP buying no matter what the price – as they understand it is REAL MONEY; and now that the Chinese government has been actively encouraging citizens to accumulate Precious Metals – for the past four years – the “proof is in the pudding”; as not only are 2013 Chinese gold imports on the verge of DOUBLING versus 2012…

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