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Re: stervc post# 6468

Sunday, 10/03/2010 1:38:53 AM

Sunday, October 03, 2010 1:38:53 AM

Post# of 118206
The gold market is not saturated. 50 million new consumers a year are joining the middle class in China, a country which has a strong cultural attachment to gold. And China is just now starting to ease restrictions on gold imports. The shortfall between mine supply and demand in China last year was 144 metric tonnes — a gap that will likely be filled by imports, sucking more supply off the global market.

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