Gold Demand Continues To Surge In China And India

Source: https://www.zerohedge.com/commodities/gold-demand-continues-surge-china-and-india
Published: May 4, 2021
Author: Tyler Durden
Post Date: 2021-05-04 20:08:47 by Horse
Views: 200

China’s year-on-year gold consumption surged 93.9% as first-quarter demand rebounded to pre-pandemic levels. Meanwhile, official Indian gold imports hit the highest level in a decade in March...

Post Comment   Private Reply

#1: BTP Holdings    To: Horse, All (#0)

But the Chinkernese got rooked and bought gold with Tungsten cores.

I wonder if they can trace the ersatz gold back to who sold it to them?

To me, that would be an act of war.

China's military is still not strong enough to take on the U.S., and that is a fact.

But Biden's insane policies are driving the Russians into the arms of the Chinese.

If you can recall Washington's Vision at Valley Forge, you just might see a strange parallel. ;)

BTP Holdings posted on 2021-05-04 20:43:11   Reply   Private Reply

#2: Horse    To: BTP Holdings (#1)

Chinese never bought gold plated tungsten.

Horse posted on 2021-05-05 07:58:29   Reply   Private Reply

#3: BTP Holdings    To: Horse (#2)

gold plated tungsten.

Not gold plated. The gold had Tungsten cores. ;)

BTP Holdings posted on 2021-05-05 08:05:14   Reply   Private Reply

#4: Horse    To: BTP Holdings (#3)

That's what happened. The tungsten bars were plated with gold.

Horse posted on 2021-05-05 21:42:55   Reply   Private Reply

#5: BTP Holdings    To: Horse (#4)

The tungsten bars were plated with gold.

If so, finding the difference in atomic mass would be very simple.

Tungsten is 183 and Gold is 196. Simply weighing the bars would be a dead giveaway. ;)

BTP Holdings posted on 2021-05-06 16:08:47   Reply   Private Reply

#6: NeoconsNailed    To: Horse (#4)

Wasn't it Germany that got thus shafted?

NeoconsNailed posted on 2021-05-06 16:25:09   Reply   Private Reply

#7: Esso    To: BTP Holdings (#1)

But the Chinkernese got rooked and bought gold with Tungsten cores.

It was my understanding that China was behind the make-believe gold, not the victim.

Esso posted on 2021-05-06 20:05:02   Reply   Private Reply

#8: Esso    To: BTP Holdings (#5)

If so, finding the difference in atomic mass would be very simple.

Not for someone like you or me. A goobermunt, yes.

Esso posted on 2021-05-06 20:07:11   Reply   Private Reply

#9: BTP Holdings    To: Esso (#8)

Not for someone like you or me. A goobermunt, yes.

Absolutely. We do not have the resources or capabilities to perform the testing. ;)

BTP Holdings posted on 2021-05-06 21:03:18   Reply   Private Reply