A Look at China’s Economy From a Commodity Demand Perspective
china gold, international gold, gold coins

Silver  last week as international silver prices dropped below support at 14.60. For some, this new 6-month low meant a , while others see signs of . Our opinion?  Being technicians with a belief in market structure, we look for factors that would drive demand up, and thus prices. During the last bump-up in precious metals, Chinese buying led the way, followed by India and the Middle East.

Today’s featured article is a look at China’s current economy from the perspective of commodity demand; the article’s title spoils the ending but we’ll say you need to understand the logical steps the article lays out.  Because when we start to see recovery in just a few of the baby steps, it will be time to buy precious metals again.  And that’s what traders need – get-in and get-out signals.

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