Crazy Chinese buyers!

Crazy Chinese buyers!
May 4, 2013 03:49
CHERRY07 Points: Join Date: Mar 23, 2008 Status: offline	Recently, the gold price has decreased to around CNY 360 per gram. Many Chinese buyers start to buy gold ornaments as investment. It is said that a buyer in Beijing has spent more than 3 million yuan buying 10 kilograms gold. How crazy they are! According to the media, it is the short sellers on the Wall Street who make the gold price fall sharply. Unfortunately, those short sellers ignore potential Chinese buyers. The statistics shows that 300 tons of gold is bought at the price of 100 billion RMB by the Chinese buyers. The whole Wall Street is shocked.

May 4, 2013 03:49

CHERRY07
Points:
Join Date: Mar 23, 2008
Status: offline

Recently, the gold price has decreased to around CNY 360 per gram. Many Chinese buyers start to buy gold ornaments as investment. It is said that a buyer in Beijing has spent more than 3 million yuan buying 10 kilograms gold. How crazy they are!

According to the media, it is the short sellers on the Wall Street who make the gold price fall sharply. Unfortunately, those short sellers ignore potential Chinese buyers. The statistics shows that 300 tons of gold is bought at the price of 100 billion RMB by the Chinese buyers. The whole Wall Street is shocked.

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