Record prices spawn new wave of China gold bugs

I'm a little concerned about the proliferation of gold derivatives trading, as they are merely paper contracts, but I am enthused by the exploding demand for physical bullion.  The battle between perma-short bullion banks against the physical buyers will end badly for the former.  You can print paper into perpetuity, but you can't print an ounce of real gold.


http://www.reuters.com/article/2011/08/29/us-china-gold-demand-idUSTRE77S15X20110829