OTCQX:MEAUF - Post by User
Post by
Kapboyon May 23, 2013 10:39pm
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Post# 21435471
Found this interesting article
Found this interesting article from a couple of years ago. China was telegraphing the west, that the PRC would be buying gold, using T Bills as a way of paying for it. The article further states that China should aggressively buy on any dips in the POG. Please give it a read!
https://www.zerohedge.com/article/gold-retraces-all-losses-after-official-says-china-should-take-every-chance-buy-gold-especia
The GLD is being drained on a daily basis.
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Kapboy