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Saturday, 9 June 2012

Stunning increase in Chinese gold imports - Sprott

Eric Sprott and Shree Kargutkar report that gold imports to China have increased by 1300% on a year on year basis to April, 2012.

They also report that the lower quality and increasing scale of debt represent a potential breaking point of the global monetary system.

See Eric Sprott and Shree Kargutkar's report here, which I acknowledge.  I also acknowledge JSMineset for drawing my attention to their article.

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