Saturday, January 21, 2012

Why China has become key to the Gold Price


The growth of China’s role in the world gold market has been nothing short of phenomenal over the last dozen years, writes Julian Phillips at GoldForecaster.

Prior to this century, HSBC sent a delegation from their London gold department to see the Chinese financial authorities and were rebuffed as ‘trying to sell gold to China’. Since then, the Chinese financial authorities switched on and set off with a purpose. Read more on www.goldsilverwebsites.com


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