Gonzalo Raffo InfoNews: COPPER, GOLD, AND CHINESE PIGS FARMERS …
“Earlier we reached the conclusion that US interest rates could potentially start increasing and cause the US dollar exchange rate to strengthen, which, in turn, would cause the gold price to fall. … He used to purely take commissions for collecting scrap. Since 1H 2009, he started stocking scraps. He told CCTV his business now is like ‘gambling.’ Not only him, Mr. Wang said many people in his town have stocked a lot of metal at their home. …
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Gonzalo Raffo InfoNews: COPPER, GOLD, AND CHINESE PIGS FARMERS …
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