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Old 10-26-2008, 11:29 PM   #28
Swanny
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Join Date: Sep 2008
Location: The Shire of Wilt
Posts: 2,889
Default Re: Why Gold Is Dropping When It Shouldn't (by Alex Wallenwein)

Quote:
Originally Posted by Leadman View Post
China for one, over the last 18mths or so has been buying all the non-ferous metals it can get it's hands on. Originally put down to an expansion boom in construction.

NOT SO! no sir, China has been spending it's dollars, big time!
Lead, Copper, Zinc, Aluminium. They Know the $ is gonna crash, they want something which will have a value and if worst comes to worst, they can either control the market or use the metals.

Only my view, but wait and see.
China has topped buying now, I sold some copper and the price has fallen.

Plenty of gold and silver still for sale in the UK, just look on www.ebay.co.uk
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