Post by
jonggua on Aug 02, 2012 9:46am
"the masses" buying gold
It is the Chinese who are buying gold by the hundreds of tonnes, every two months. Right now not only is none of the gold China is producing not leaving the country, but recently they bought 1/2 of the world's mined monthly tonnage as well. Also, I believe China is the world's largest gold producing country. They are slurping up huge amounts of supply, consistently. I am in a backwards city of 7 Million here and see Lamborghini's (7 in the city I hear), bmws, hummers, etc. gold in international...