Message:

<p>[QUOTE=&quot;chicken_little, post: 1835180, member: 4114&quot;]Thank you, I&#039;m enjoying this discussion.</p><p>Your right according to that data, but it doesn&#039;t show the 2013 data, which is off the charts.&nbsp; China has purchased something like 600-700 more tons this year than they did last year (I&#039;m pulling that # off the top of my head so I&#039;m probly off some).&nbsp; And I can&#039;t even find the data for silver, but I know silver demand is through the roof right now.&nbsp;&nbsp; Entire vaults in London have been drained of metals, and its all going to China.&nbsp; I&#039;m talking 1,000 tons of gold never to be seen again (China does not allow exportation of PM&#039;s) </p><p>Here&#039;s a good interview about the current demand from China:</p><p><a href="http://www.bloomberg.com/video/what-s-happening-to-all-the-gold-d33u1c23SDqA0p0e~9_INw.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.bloomberg.com/video/what-s-happening-to-all-the-gold-d33u1c23SDqA0p0e~9_INw.html" rel="nofollow">http://www.bloomberg.com/video/what-s-happening-to-all-the-gold-d33u1c23SDqA0p0e~9_INw.html</a></p><p><br /></p><p>This type of raw demand is what pushes markets.&nbsp; The only factor keeping the lid on the metals right now is selling here in the US and Europe.&nbsp; People are selling the metals and buying stocks, as is the current trade.&nbsp; But what happens when the selling stops? I doubt the demand will suddenly stop at the same time.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in