The Phaserl


China’s Huge Gold Demand Opens The Gate For The Gold Bull

from Truth in Gold:

Based on analysis derived from physical gold delivery data on the Shanghai Gold Exchange – the world’s biggest physical gold exchange – in January, a record amount of gold was imported and purchased/delivered in China last month:  Chinese Gold Demand At All-Time High

Because the Comex can’t print up physical gold and deliver it the way it prints up Comex gold futures contracts, the Fed/bullion banks are having trouble right now containing the price of gold.  Rest assured, China will not buy Comex futures and wait for delivery OR leave its gold in U.S. vaults for safekeeping – just ask Germany how that has worked:  U.S. Defaults On German Gold Deliveries

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