Gold is Gold and it's going up>>Found this article
CHINA'S INSATIABLE GOLD DEMAND
(SungWonSohn) Nov 10, 23:33
RECENTLYTHE CENTRAL BANK of INDIA bought a mere 200 tonnes. I say 'mere,because 200 tonnes is pittance vis-a-vis China's gargantuan and urgentneed to buy 70,000 tonnes to diversify its Herculean Mountain ofgrowing Foreign Reserves (today the largest in the world and literally27 TIMES GREATER than that of the U.S.A.).
It logically followsChina will soon become anxious as it sees other nations increasingtheir gold reserves (ie India et al). When that happens gold willexperience prices increases of $50 and $100 OR EVEN $200 daily.
M