China Buying Gold Mines, Bypassing London Market with Gold November 22, 2011

Interesting conversation on Bloomberg TV recently about China’s plans for Gold. We noted some insightful comments from James Rickards, senior managing director of Tangent Capital Partners, who notes that China is buying gold mines around the world and shipping the gold directly to China thereby bypassing the “normal” London channels.

The full interview can be found online at Bloomberg.com