ScrapRegister/7-28-2016
“A report suggests that China’s gold production may have hit a plateau, which presumably would mean more future imports by the country that would be gold supportive, said HSBC.”
MK note: As this report points out, if domestic production has plateaued then China will need to import to cover its needs. What it doesn’t point out is that this will be on top of its already prodigious annual demand running at or near annual global mine production.
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