Wednesday, July 10, 2013

The Asian Giant Stampeding into Gold

Frank Holmes, Kitco commentary
quote
as the West flees the precious metal, another set of gold buyers has come forward with the aim to preserve wealth. Take a look at the chart below which shows total gold production compared to the gold deliveries on the COMEX and the Shanghai Gold Exchange.

comment:

Nothing better can be found to illustrate the folly of the West.  While its societies are crumbling and rushing to divest themselves of real wealth, the Chinese are accumulating it.

When it all comes crashing down, the left that blindly supports Obama will still be blaming somebody else.

And the Stupid Party will nod their heads in agreement.



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