China Gold

Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.

China Gold

Postby Copper Catcher » Fri Jun 14, 2013 1:52 pm

Image
Stunning Images From China: Ten Thousand People Waiting In Line To Buy Gold
Reported by http://www.zerohedge.com 06-14-2013

"Sometimes one must see to believe, in this case believe just how massive the raw demand for the shiny, barbarous relic is in China during times of relative monetary stability (in this case the Dragon Boat Festival). Now assume runaway inflation as we saw in 2011 China, which may be unleashed by something as catalytic as the PBOC once again deciding to inject liquidity in its suffocating banking system and to revive growth in the stalling economy."

Versus in the US
Image
You find cash for gold stores everywhere and the vast majority of Americans do not own a single ounce of gold or a silver coin!
User avatar
Copper Catcher
Too Busy Posting to Hoard Anything Else
 
Posts: 5206
Joined: Sat Jan 26, 2008 3:00 pm

Return to Economic & Business News, Reports, and Predictions

Who is online

Users browsing this forum: No registered users and 40 guests