Replies to post #29661 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[Peel Green]

I strongly suspect that China wishes to have gold-backing for the Yuan very soon and trash the USD.
Sorry, I mean 'reduce its influence.'

[Peel Green]

Tyler Durden reports China imports of around 800 tons of Au in 2012 via HK.

It looks like Chines demand for gold bars this year has gone off the scale.