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From the blog

You load 16 tons and whaddyget?

What Kondratieff is telling us..

Way back in the days of wind up gramophones, my first 78 was that great number by Merle Travis. Reading an article this morning it resonated as China is said to have added just under 16 tons of Goldto it's reserves.

Maybe it's just the Gold bugs dropping bullish articles around the internet in an attempt to pump up prices. Perhaps they are the same people who tell us the Fed keep dumping massive numbers of Gold sell contracts whenever the price rallies.