Dec 10, 2018
It's no secret that China has been acquiring vast sums of gold over the past decade. Jeff Clark believes that when the true extent of their acquisitions is revealed it will lead to a major rally in precious metals prices. The Chinese have also been busy buying up and investing in mining projects around the globe. In addition, gold contracts on the Shanghai are settled in physical metal, which is further pulling gold out of the West. Taking all these factors into consideration, at some point the price of gold is almost certain to rise substantially.