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Very important - China may overtake India in gold demand
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<p>[QUOTE="garybeard, post: 1995557, member: 72323"]I cannot say I'm surprised by this, <font face="Calibri">China has made quantum leaps in its economic development since the early 80s and is still growing at a <font size="4">feverish</font> pace. For them not to <font size="4">consolidate</font> this with gold purchasing would be shocking. In addition to that with the EU still on the fritz any prudent nation would be doing the same, it just so happens that China has the means to do it on a very large scale. If the EU does crumble (which seems inevitable to at least some degree) the nation with the largest gold stores and mineral deposits will be the ones to recover the quickest/suffer the least.</font></p><p><br /></p><p><font face="Calibri">In saying that though China does still have one of the most vulnerable economies in that so much of it depends on international trade.</font>[/QUOTE]</p><p><br /></p>
[QUOTE="garybeard, post: 1995557, member: 72323"]I cannot say I'm surprised by this, [FONT=Calibri]China has made quantum leaps in its economic development since the early 80s and is still growing at a [SIZE=15px]feverish[/SIZE] pace. For them not to [SIZE=15px]consolidate[/SIZE] this with gold purchasing would be shocking. In addition to that with the EU still on the fritz any prudent nation would be doing the same, it just so happens that China has the means to do it on a very large scale. If the EU does crumble (which seems inevitable to at least some degree) the nation with the largest gold stores and mineral deposits will be the ones to recover the quickest/suffer the least.[/FONT] [FONT=Calibri]In saying that though China does still have one of the most vulnerable economies in that so much of it depends on international trade.[/FONT][/QUOTE]
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