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<p>[QUOTE="InfleXion, post: 1554011, member: 29012"]If by slack you mean having a voracious appetite instead of an insatiable appetite, then I could go for that. Buying less is still buying. China's growth is at 7.6% and people say that like it's a bad thing. They're not easing nearly as much as the US/EU/Japan block, because they want a stronger currency that can purchase more gold. </p><p><br /></p><p>Regarding the original question, I would say that they will likely do their best not to impact the price of gold until their buying spree is completed. If anything they are happy to keep it down for the time being. There's no reason physical supply and demand will ever take precedence over prices dictated by paper contracts until such time as there is a metal shortage. With gold there is virtually no risk of a shortage because all the gold ever mined is still accounted for, and much of that is not audited anyway, whether that be if it even exists or if it is filled with tungsten. If (US) demand can be met by proxy then why would the price change? We're doing them a favor which is probably the only reason why they haven't pulled the plug.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1554011, member: 29012"]If by slack you mean having a voracious appetite instead of an insatiable appetite, then I could go for that. Buying less is still buying. China's growth is at 7.6% and people say that like it's a bad thing. They're not easing nearly as much as the US/EU/Japan block, because they want a stronger currency that can purchase more gold. Regarding the original question, I would say that they will likely do their best not to impact the price of gold until their buying spree is completed. If anything they are happy to keep it down for the time being. There's no reason physical supply and demand will ever take precedence over prices dictated by paper contracts until such time as there is a metal shortage. With gold there is virtually no risk of a shortage because all the gold ever mined is still accounted for, and much of that is not audited anyway, whether that be if it even exists or if it is filled with tungsten. If (US) demand can be met by proxy then why would the price change? We're doing them a favor which is probably the only reason why they haven't pulled the plug.[/QUOTE]
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