CHINA: Ten Thousand People Waiting In Line To Buy Gold (Stunning Images)

Stunning Images From China: Ten Thousand People Waiting In Line To Buy Gold (ZeroHedge, June 14, 2013):

Sometimes one must see to believe, in this case believe just how massive the raw demand for the shiny, barbarous relic is in China during times of relative monetary stability (in this case the Dragon Boat Festival). Now assume runaway inflation as we saw in 2011 China, which may be unleashed by something as catalytic as the PBOC once again deciding to inject liquidity in its suffocating banking system and to revive growth in the stalling economy.

June 11, ten thousand people line up in front of a gold shop to buy gold. The buyers lined up during the three day Dragon Boat Festival.

Source Caixin.


Source Caixin.

3 thoughts on “CHINA: Ten Thousand People Waiting In Line To Buy Gold (Stunning Images)

  1. Why are they doing this? If 10,000 people are lined up to buy gold, I have to ask why. Someone is selling them a bill of goods.
    One thing life has taught me: Whatever the mass of people do, go in the other direction.

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