Mr & Mrs Wang want moaaaar!

[Cointreau]

The Chinese consumer's appetite for gold shows no sign of let up.

http://www.zerohedge.com/news/2014-04-19/one-thing-most-desired-chinese-consumers

 

 

 

 

 

[Danny-boy]

I wonder how much appetite they will have for silver when gold goes back up over a grand.

[morezone]

I wonder how much appetite they will have for silver when gold goes back up over a grand.

Still not much. Chinese don't really do silver.

[Cointreau]

Still not much. Chinese don't really do silver.

There's a lot of history there. For shame the opium wars and the demonetization of silver in 1930 I think.

[morezone]

Chinese costume a bucket load of 24k. Most of it is tradition. Gold gifts for births and marriages. With a huge population and growing wealth, they'll consume so much.

Chinese would never give a silver gift because silver is worth so little.