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Fascinating article below. As China becomes a net importer, pressure will be on the West to supply Chinese demand:

http://www.guardian.co.uk/business/2010/jan/25/chinese-gold-rush-demand

Some interesting quotes:

At Caibai, the most popular gold store: "On busy days, 10,000 people pass through its doors."

"Newspapers report that coal bosses, driven out of business by a nationalisation campaign, are caught in bidding wars for gold mines instead. "People are running around with bags of cash to buy the right to exploit gold as soon as possible," Liu Jun, a former coal boss from Zhejiang, told the Xinmin Evening Post."