Quote Originally Posted by jk View Post
I take a very strong interest in the increasing demand for gold coming out of China. . . . 63 tons of buying in March is a tiny number. It’s a mere $3 billion. Wait until a billion people decide to make the shift in allocations.
So . . . he's saying that a billion Chinese will buy gold?
I don't think so . . . .

"Officially the average rural income is 5,919rmb, which is about $900."
"about 73-76% of the total population lived in the rural areas."