Thursday, March 3, 2011

What is Gold Telling Us?

Peter Brimelow

March 3, 2011, 2:21 a.m. EST

News of a recent stunning acceleration in Chinese imports is spreading. ( See Feb. 7 column.) This week UBS published a report saying China imported 200 metric tonnes of gold in the first two months of this year, which suggests an astonishing and bullish restructuring of the physical market.  LINK...