TSX:LSG.DB - Post by User
Post by
gordo32on Sep 12, 2013 12:19am
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Post# 21734494
China and gold
China and gold
I just left the restraunt ,and a meeting with the Chinese buyer's of my buisness.I posed a direct question to him regarding the reports by many writers that we all read,that the Chinese goverment encouages the population to buy physical gold. He confirmed that it is indeed true. Then he explaned to me that there is no social saftey net in China, you make as much money as you possibly can,buy gold or art treasures or whatever in your working time and hope you have enough.They definitly do not trust the american dollar to last much longer
Gordo