Gold Imports To China!

Eric Sprott: Chairman, CEO & Portfolio Manager of Sprott Asset Management speaking with Eric King says China imports about 20 tonnes of Gold a month through Hong Kong until four months ago.  Then beginning in August, 2011, they imported 30 tonnes, then 40 tonnes in September, 80 tonnes in October and 102 tonnes in November.  He tells us that 102 tonnes is massive, considering the world mines, ex-China, produce about 200 tonnes of Gold a month!

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