China - Banks and Gold Shops

Discussion in 'Gold' started by JulieW, Apr 23, 2014.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    http://www.zerohedge.com/contributed/2014-04-23/chinese-banks-and-100000-‘outlets’-selling-gold

     
    JulieW, Apr 23, 2014
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  2. renovator

    renovator Well-Known Member

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    100 000 bullion dealers .... thats a lot
     
    renovator, Apr 24, 2014
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  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    If each sells a new Chinese ounce to 10 customers, that's a million ounces.

    If that happens each week that's 52 million ounces a year - around about the estimated annual world production.

    Leaving out the banks, Russia, India, Vietnam and a number of other countries which regard gold as real money and real family wealth.

    Gold: Get it while it's here.
     
    JulieW, Apr 24, 2014
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  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    "100 Billion dollars"

    [​IMG]
     
    Clawhammer, Apr 24, 2014
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  5. JulieW

    JulieW Well-Known Member Silver Stacker

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    No need to guess how the support the dollar price slams are working for the USA

    [​IMG]
    Source: Zero Hedge
     
    JulieW, Apr 25, 2014
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