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FSN: How Demand from China Could Send the Gold Price Soaring

Thursday, November 22, 2012 10:00
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

by Dominic Frisby
Money Week

You could explain the entire commodities bull market of the noughties with just one word.

China.

That’s been the story. What’s the copper price going to do? Where’s iron ore going?

The answer, for many, lies in Chinese demand. It’s been the biggest consumer of just about everything from cement to rare earth metals.

But we would do well also to consider the Chinese demand for gold.

It’s my view that the Chinese take the metal very seriously indeed…

Continue Reading at MoneyWeek.com…



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