![[INTERVIEW] China's precious metal demand to affect future hardware prices?](http://www.wareground.com/images/400/interview_chinas_precious_metal_demand_to_affect_future_hardware_prices.jpg "[INTERVIEW] China's precious metal demand to affect future hardware prices?")
Bloomberg wrote a piece recently about China's latest gold-buy spree. Mainland China purchased 102 779 kilogram of pure gold from Hong Kong in November 2011. A month before that, they bought "only" 86 299 kilograms. Statistics from the CPM Group show a peak in gold consumption between 1995 and 2000, a decline in annual gold demand starting from 2001 keeping a steady figure up to 2007.
2008, the year many financial professionals will call the start of Europe's financial recession, clearly shows deep plunges in demand both from EU and USA.
Akihabara News
See also:
gadgetsdaily, [INTERVIEW] China's precious metal demand to affect future hardware prices?
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