The Phaserl


China Gold Imports Surge – Or Fall. You Decide

by John Rubino, Dollar Collapse:

Chinese gold imports are becoming a case study in the power of journalists to control the slant of a story by deciding which facts to highlight. The following chart contains the relevant data.

Here’s how the mainstream press, in this case Bloomberg, handled it:

China’s Gold Shipments From Hong Kong Decline as Demand Weakens

China’s gold imports from Hong Kong fell in January as jewelers and fabricators in the world’s largest consumer of the precious metal reduced purchases on expectation demand may weaken after Lunar New Year holidays.

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