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Gold buying rush line in China
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Gold buying rush line in China

  #1 (permalink)
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Gold buying rush line in China

In the last 48 hours, thousands of people in China rushing to buy gold.

http://www.zerohedge.com/news/2013-06-14/stunning-images-china-ten-thousand-people-waiting-line-buy-gold

http://www.goldminerpulse.com/v/shanghaiGoldExchangePhysicalDelivery.php

http://www.tfmetalsreport.com/blog/4779/considering-chinese-demand


Last edited by Cloudy; June 15th, 2013 at 05:07 AM.
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  #2 (permalink)
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Dragon Boat Festival is an auspices time to buy gold - jewelry especially. Mark up premiums on the jewelry is of little concern. Not to mention that 10K people lined up to buy is a drop in the bucket among so many Chinese. The last silver I purchased was in Beijing as jewelry for my family members. Telling were the number of gold/silver vendors on the first floor of a major department store where cosmetics are sold.

Ken




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