Here's an article that was in Mineweb yesterday: Now China sources newly mined gold from the USA. Here is the link.
So. the largest gold mining country in the world cannot get enough physical gold from their own domestic production and is now contracting to buy it here. Hmmn....
From the article by Lawrence Williams: We are now used to China sourcing huge volumes of metals from external sources to drive its industrial machine forwards, but the latest announcement from Coeur d'Alene Mines on its deal to have its gold concentrates purchased and processed by China's largest gold producer suggests that precious metals are on China's vast shopping list too.
What is significant, perhaps, is that this suggests that China's commitment to gold is both ongoing - and likely to increase.
Get yours at Lear Capital !! (Gold coins that is) at Lear Capital.