May 22, 2018

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Thirst for Gold

Gold stocks

Gold stocks

According to Tyler Durden, writing in Zero Hedge, analysis suggests that China is buying almost 1,000 tons of gold a year and is well on the way to achieving the target admitted by a State Council adviser in December 2009 of 6,000 tons in foreign reserves within three to five years, and perhaps 8,000 to 10,000 in eight to ten years. [Read more…]