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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (105132)	12/2/2009 6:40:08 AM
From: John McCarthy	Respond to of 116555

Hawk >>>>>>>>>>> By way of comparison, China, which recently surpassed South Africa as the world’s largest producer, is on its way to 310 tons of newly mined output this year, or more than 30% below its level of demand. It’s not just the middle-class in China that is starting to buy gold, but the central bank, which has very deep pockets, is going to do likewise. >>>>>>>>>>> I am still waiting to see who buys the other 200 tonnes from the IMF - if anybody. regards John