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Gold @ $1200 is JUST RICH for China

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  • Gold @ $1200 is JUST RICH for China

    http://www.financialpost.com/news-se...tml?id=2293716

    & Schiff sez its going to $5000, oh my Peter.
    Mike

  • #2
    Re: Gold @ $1200 is JUST RICH for China

    Originally posted by Mega View Post
    http://www.financialpost.com/news-se...tml?id=2293716

    & Schiff sez its going to $5000, oh my Peter.
    Mike
    Sure China is wary, they don't have enough. They'll talk it down for as long as they can and stealth buy and mine to high heaven all the while.

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    • #3
      Re: Gold @ $1200 is JUST RICH for China

      Originally posted by Jay View Post
      Sure China is wary, they don't have enough. They'll talk it down for as long as they can and stealth buy and mine to high heaven all the while.
      can't find the data yet but didn't russia recently play that same game?

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      • #4
        Re: Gold @ $1200 is JUST RICH for China

        Originally posted by strittmatter View Post
        can't find the data yet but didn't russia recently play that same game?
        I think at this point they all want to play that game and keep it as quiet as possible.

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        • #5
          Re: Gold @ $1200 is JUST RICH for China

          Originally posted by Jay View Post
          I think at this point they all want to play that game and keep it as quiet as possible.
          Not at iTulip. We're vocal buyers, unafraid of higher prices.
          "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

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          • #6
            Re: Gold @ $1200 is JUST RICH for China

            Originally posted by rjwjr View Post
            Not at iTulip. We're vocal buyers, unafraid of higher prices.
            I wish when I bought it was at levels to affect the spot.

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