Replies to post #1233 on GOLD (Au) PRODUCERS (GOLD)

[mick]

gold oversold 'GOLD (Au) PRODUCERS'

$mick thanks; Business insider has published a report entitled:
"It is impossible to keep up with China gold demand."

Ex. A Chinese guy who worked in the field for 45 years says:

----there are 375 million Chines who want to buy gold
Most of them cannot, as they live in the interior, far
from the coastal cities with more access to gold, Even
if they lived in the coastal cities, there is not enough
gold to buy

$SGE (Shanghai Gold Exchange) has 10 million customers,
with 10 million separate accounts

$----just do the math and see there is not enough gold for
them to buy


$More states pushing to make gold and silver legal tender – former U.S. Mint director (Pt 2/2)
9,420 views•Apr 30, 2021