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China mines gold uneconomically because it plans to boost the price, Leeb says
11:07a Sunday, July 24, 2016
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb tells King World News that China is mining much low-grade gold uneconomically and he figures it's because the Chinese government aims to drive the gold price way up. An excerpt from Leeb's interview is posted at KWN here:
http://kingworldnews.com/china-is-planning-to-shock-the-world-by-pushing...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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