What do you think the Chinese were buying this Christmas?

[EE_]

Not what the stupid round eyes in the US were...that's for sure!

What Chinese Consumers Are Rushing To Buy This Christmas
Submitted by Tyler Durden on 12/26/2013 09:48 -0500

While the US consumer is rushing to spend what little savings they have left and grab that last for 2013 "X% off" deal from the local inventory-clearance bin on plastic Made in China trinkets or marked-down clothing, Chinese consumers are likewise scrambling to buy products. Only, unlike in the US, the object of China's affection is not some gizmo that will end up in the local landfill within 3-6 months. China News Network shows what it is.

http://www.zerohedge.com/news/2013-12-26/what-chinese-consumers-are-rushing-buy-christmas

[Cebu_4_2]

Not what the stupid round eyes in the US were...that's for sure!


Long nose
Americanos

I would guess gold jewelry.

Edit: Yep, wife says this is pretty typical...

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/12/china%20gold%201.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/12/china%20gold%201.jpg)
Taiyuan a gold shop gold prices as low as 287 yuan / gram, people flocked buying gold jewelry. Western Christmas in China has gradually become the "Consumer Day", much of the gold market on this day after discounts, plus the price of gold hovering cheap Christmas discounts, and more gold has broken 300 yuan / gram mark.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/12/China%20Gold%202.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/12/China%20Gold%202.jpg)
With the recent stumble endlessly international gold prices, gold investment income in 2013 or will be achieved for the first time in 13 years is negative. As for 2014, the price of gold, most institutions are still bearish.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/12/china%20gold%203.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/12/china%20gold%203.jpg)
Publicly available data show that this year, gold prices fell more than 25%. The picture shows a gold shop in Taiyuan people flocked to buy.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/12/china%20gold%204.jpg (http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/12/china%20gold%204.jpg)

[mick silver]

less gold in the market , more people are buying gold , and yet the price keeps droping

[govcheetos]

less gold in the market , more people are buying gold , and yet the price keeps droping

deflation/stagflation?

Recently took some scrap metal to the recycler, prices way down.

[Silver Rocket Bitches!]

deflation/stagflation?

Recently took some scrap metal to the recycler, prices way down.

It's the paper game. It's always the paper game. Until they run out of physical to deliver, the game goes on. Once they cannot deliver, the music stops and there will be a lot of people without chairs. We're already seeing evidence in the COMEX where delivery takes months and is many times settled in cash.