by Julian D. W. Phillips, Gold Seek:
One question that has not been asked sufficiently is, “How can China buy well over 2,000 tonnes of gold without sending the gold price rocketing?”
In the U.S. people believe that the gold price will fall even further in 2014 despite indications that Chinese demand will continue at current high levels if not rise even more. This is because U.S. investors have been selling gold to move into the rising equity market. With the developed world focused on events in its own part of the world it is assumed that their influence will dominate the financial world including gold. But this ignores events in the emerging world and their hunger for gold.
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