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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: TobagoJack who wrote (95631)10/18/2012 3:15:57 PM
From: ggersh  Read Replies (2) of 218397
 
Anyone you know? -g-

theaustralian.com.au

Sales soar 900pc as China makes grab for Aussie gold
    by: Michael Sainsbury and Sarah-Jane Tasker From: The Australian October 18, 2012 12:00AM




GOLD has soared past coal as Australia's second most valuable physical export to China, with sales up a whopping 900 per cent for the first eight months of the year, bringing in $4.1 billion.

Chinese buyers are hoarding the precious metal amid a slowing economy, property-buying restrictions and uncertain financial markets as its central bank increases its holdings.

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