Replies to post #31686 on Value Microcaps Junior Miners

[Lone Clone]

China consumes more gold than the world produces

But not important at all. Almost no gold is consumed the way other metals are, so yearly production is only a tiny fraction of the total supply of gold.

If someone is using this irrelevant fact to promote buying gold, they are either a con artist or are exhibiting a basic misunderstanding of the gold market, and I would look at anything else they wrote with a very jaundiced eye.

LC