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Wednesday, December 4, 2013
Gold Demand from China would actually increase and not decrease
“In Asia it has always been traditional to own gold….It was illegal to
own gold in China until about ten years ago. Now the government is
actually encouraging people to own gold.” demand is “very strong” and, with increasing numbers of wealthy people in Asia, “demand is rising very rapidly.gold demand from China would actually increase and not decrease
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.