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Mike Kosares: The Shanghai stock crash and China gold demand
1:20p ET Friday, July 10, 2015
Dear Friend of GATA and Gold:
China's stock-market crash likely will encourage Chinese investors to consider the capital-preservation virtues of gold, Mike Kosares of USAGold in Denver writes today, especially since the Chinese government has been encouraging gold ownership and building market mechanisms to facilitate it. Kosares' commentary is headlined "The Shanghai Stock Crash and China Gold Demand" and it's posted at USAGold here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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