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<p>[QUOTE=&quot;InfleXion, post: 1685872, member: 29012&quot;]China is still buying, although no longer exponentially like they were up to 2012. We also have no idea how much they are mining or how much they are buying that they aren&#039;t declaring, but they are pretty big on mining in Africa right now.</p><p><br /></p><p>The dollar should strengthen as a result of EU uncertainty, at least for the kneejerk reaction, but if the Euro falls it will take the USD with it.</p><p><br /></p><p>As for Goldman&#039;s call for gold to drop beneath $1400, we can chock that up to the bottom being in. Goldman is the most leveraged bank of the big 5, and part of the reason they can do this is by profiting from doing the opposite of what they recommend to their customers. They are one of the best contrarian indicators.[/QUOTE]</p><p><br /></p>

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