CHINESE “PEOPLE ARE BUYING GOLD LIKE GROCERIES”

SilverDoctors.com
FEBRUARY 24, 2014

Weekly Chinese Gold Demand Transcends Global Mining Production, Again.
All over the media we have seen extreme gold shopping sprees around new year and at the Lunar year in China.
This resulted in an all time Chinese gold demand record in January – which accounted for 246 tons.
It seems the Chinese are in a state to buy all the physical gold that can be supplied.
“These two photos were taken yesterday by my uncle in a gold shop in Beijing. People are buying gold like groceries”

The Rest…HERE

This entry was posted on Monday, February 24th, 2014 at 10:46 am and is filed under China, Economics. You can follow any responses to this entry through the RSS 2.0 feed.