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Ruby Creek Resources Inc RBYC

Ruby Creek Resources Inc. is engaged in developing a gold property. The Company's project includes the Gold Plateau Project. The Gold Plateau Project consists of property, which has artisanal gold mining activities. The Gold Plateau Project is located in southern Tanzania approximately 150 kilometers north of the Mozambique border. The Gold Plateau Project consists of around 15 properties of prospective gold mineralized territory. The Company has mining and processing equipment onsite and additional processing equipment. The Gold Plateau Project is situated at the eastern margin of the Selous Basin where the Karoo and young sedimentary rock are in fault contact with low to high-grade metamorphosed rocks of Neoproterozoic age belonging to the Mozambique Belt.


GREY:RBYC - Post by User

Post by jongguaon Aug 03, 2012 3:45am
344 Views
Post# 20180205

chinese gold imports

chinese gold imports

https://www.zerohedge.com/news/hoarding-continues-china-purchases-record-100-tons-gold-april-hong-kong

I watch zerohedge daily and also listen to kingworldnews podcasts for up to date info on the changing gold market-- hint hint- it's not centered in the usa. India and China are 1 and 2 in world gold purchases every year lately, with China about to overtake India. When one considers the amount of investible world assets and how less than 1% is in gold, and how trashed the bond market is gonna be when rates start rising, and stock markets fall with the fall of europe, one can imagine some pretty high gold prices-- adjusted for inflation prices I mean.

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