Forbes - Why Are the Chinese Buying Record Quantities of Gold?

[ATCclears]

Why Are the Chinese Buying Record Quantities of Gold? - Forbes

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[Navvet]

It will be the only money worth anything when the zombie wars start . The Indians are also doing it.

 

[rufus]

Because they are smarter than us.

 

[jimwsea]

Countries are moving away from the Federal Reserve debt note (dollar) as the world's reserve currency, especially for buying and selling oil. When the fed note gets devalued, the gold will keep its value.

 

[Just Jim]

Gold is stockpiled in countries in preperations for war as nobody will take currencies when war starts. They are useing our money to buy gold so where will those dollars end up?

 

[Burt Gummer]

Gold is very important to some people - Men Arrested For Smuggling Gold In Rectums