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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 395.44+0.6%Dec 12 4:00 PM EST

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To: TobagoJack who wrote (94385)9/9/2012 12:50:01 AM
From: Canuck Dave  Read Replies (2) of 218482
 
Doesn't China also buy pretty much all domestic production? Aren't they now the #1 producer in the world?

The message is crystal clear. They're building up as much as they can as fast as they can until the US dollar bubble breaks, in the quietest way possible. Are the Chinese willing to write off the remaining bonds when the inevitable happens?

Been a good year to buy on the sly. Signs are pointing to a blast of money printing on three fronts (US, EU, BR) come the middle of September. Will China keep buying gold at the probably higher prices?

CD
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