InvestorsHub Logo
Followers 32
Posts 3437
Boards Moderated 0
Alias Born 10/09/2007

Re: EarlyOne post# 226

Thursday, 01/02/2014 9:21:53 PM

Thursday, January 02, 2014 9:21:53 PM

Post# of 5690
The South China Morning Post has reported a sharp drop by 42% in gold purchases coming from China. This is typical as we held into the lows. The idea that they will just keep buying as prices fall is wishful thinking. China should relax its demand as prices decline.

Cost of production $850

Next wave down.. Will cause panic .. Blood in the streets.