1.3 Billion Inflation-Nervous Chinese Look to Gold for Protection
By Greg McCoach
Tuesday, March 8th, 2011. wealthdaily.comChina is panicking.Rampant inflation is driving Chinese consumers to buy gold on a massive scale...In fact China is already set to buy almost half of all the gold that'll be mined this year.You read that right: The Chinese may buy nearly 50% of total world gold production in 2011.This incredible demand will no doubt put significant strain on global supplies.Read more @ ORIGINAL SOURCE
Tuesday, March 8th, 2011. wealthdaily.com
China is panicking.
Rampant inflation is driving Chinese consumers to buy gold on a massive scale...
In fact China is already set to buy almost half of all the gold that'll be mined this year.
You read that right: The Chinese may buy nearly 50% of total world gold production in 2011.
This incredible demand will no doubt put significant strain on global supplies.
Read more @ ORIGINAL SOURCE
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