 |
| Click on Image to Enlarge |
Saturday, August 10, 2013
Gold Price vs. Chinese Gross Domestic Savings
There is a high correlation (0.97) between Chinese savings and the price of gold. In other words, the more the Chinese public saves, the more they buy gold--and the higher the price of gold.
Subscribe to:
Post Comments (Atom)
Posts
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_teVt318aH4ESpmJ-ACZWlJNkZg1E37Y2bHseu18Zs5PpM-SoNcsDN4HHJ3xNX5OpgtZKg7SafQCqvGq1hT1ePcSR9-a_MV6QS8QW7g0pfYJOYELcAgQscb-tInaOBosKzdnQ=s0-d)
![[Most Recent Quotes from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_vMyewVwrddreqkhqM75kO25bT4iY64xmFJouF5lVzX0FGBhE_dyhBkhl9jJmd9CQyjgHApKqvuMNfGv_iZeAvcH3QAS0qSkbQYeZSTcTEsij-ybuQxDdJNpwaQy4DgZ_26SZLg=s0-d)
![[Most Recent USD from www.kitco.com]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_t0Ns3aWIaCC1qFenj98ftPpzt_S3p9C99o99W9teKTKfrFMtTpQExhGD-U--M9tOLzDLpeheQDf6jBvAlrkLe6ziT-iyFl36QAkQbwE5C5VHXGHkJZ3I-o=s0-d)
No comments:
Post a Comment