China Gold?

Peter Murch

Seas The Moment P/L

China's gold reserves are speculated on, with no real holding information available. It's a bit like a person entering hard financial times, who puts the holiday house on the market, which none of their city neighbors know about, to maintain their lifestyle, appearance and cash flow - until their next issue arises. Should gold prices drop - supply to market greater than demand, you know China has sold the holiday house.


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