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Tuesday, 05/13/2014 2:37:41 PM

Tuesday, May 13, 2014 2:37:41 PM

Post# of 112761
Finally both India and China are actively purchasing GOLD, and both at the same time. Now too both are also acquiring Gold miners and the expectations for acquisitions of junior gold miners with significant precious metals projects coming forth are high. These are worthwhile articles.
http://news.goldseek.com/GoldForecaster/1398801600.php
http://goldnews.bullionvault.com/gold-prices-051220145
https://libertymetals.com/2014/04/china-buying-41-of-annual-gold-supply/
http://www.kitco.com/ind/Holmes/2014-05-05-SWOT-Analysis-India-s-Bullion-Buying-Festival-Expected-to-Surge-Gold-Demand.html
http://www.ibtimes.com/its-official-china-consumed-mined-imported-most-gold-ever-2013-1556182
http://www.zerohedge.com/news/2013-09-23/start-chinas-gold-miner-buying-spree
IMO some of the larger NBRI purchases at and near 2 cents were by new investors and most likely Chinese. I'd anticipate an investor stepping forward to become involved in RGI once the spin-off is completed. Currently, as I read the agreement, RGI is only paying the 50% of income for Ruby, not for Carson Mine or other mining interests they may acquire.

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