China buying gold

With out world in a severe economic recession and a potential pandemic up ahead a curious new move by China causes alarm. It seems that China is buying gold, and this should come as no surprise. Already they are trying to dump dollars and go for the gold. The future look shiny and bright for precious metals.

I predict that it will soon go over $900 as fear propel it ever higher. The future price of gold shall be going up a lot as conditions through out the world deteriorate.