The One Thing Most Desired By Chinese Consumers Is...

Tyler Durden's picture




 

Hint: it's not designer clothes, shoes, bags or watches.

 

And some additional explanation from the World Gold Council:

The Chinese traditionally regard gold as a form of money. Indeed, the character for gold in Mandarin (jin) is also a synonym for money. This is an important fact when it comes to the motivations behind the purchase of jewellery. Asian buyers of plain, 22 or 24 carat jewellery have no doubt in their mind that they are buying gold as well as an object of beauty that can be worn. The perception of value is very important in markets such as India and China where plain, very high carat or ‘pure gold’ articles bought on low-mark-ups comprise the majority of gold jewellery consumption. As such, the level and direction of local gold prices usually have an important bearing on jewellery consumption. This was very clear in 2013 when in April of that year the sudden slump in prices triggered an extraordinary wave of buying in China. Consumers perceived this as a unique opportunity to exchange renminbi for gold at a very favourable rate. It was also of course a chance to bring forward planned purchases for gifts or weddings, especially as the consensus was that prices were bound, eventually, to move a good deal higher.

 

World Gold Council consumer research indicates that consumers remain very positively disposed towards ‘pure gold’ jewellery. It might be thought that the disappointing price trend in the second half of 2013 had undermined this optimism as well as the public’s desire to purchase ‘pure gold’ jewellery. This does not seem to be the case. An extensive consumer survey conducted towards the end of 2013 on behalf of the World Gold Council illustrates how China’s population continues to view ‘pure gold’ jewellery as a form of money, with little indication that this traditional attitude will change any time soon. Asked whether they agreed with the statement that 24 carat gold jewellery "...is as much an investment as it is a fashion item” no less than 80% of the sample agreed, while only 4% disagreed (16% held no view either way). Agreement levels were strong across all respondents. Moreover, support for future demand is strong: in a separate survey of over 10,000 Chinese consumers, 76% of those aged between 18 and 27 also affirmed ‘pure gold’ jewellery’s investment status. And the majority of respondents planned to maintain or increase their spending on 24 carat gold jewellery over the next 12 months (44% and 35% respectively.

h/t @RudyHavenstein

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Sat, 04/19/2014 - 11:24 | 4675462 Silver_K-9
Silver_K-9's picture

BUT BUT GOLDMAN SAID....!

Sat, 04/19/2014 - 11:26 | 4675476 Tyler Durden
Tyler Durden's picture

Goldman was talking about gold financing deals. Those have nothing to do with consumer demand and everything to do with the leverage carry trade unwind.

Sat, 04/19/2014 - 11:29 | 4675483 Silver_K-9
Silver_K-9's picture

WORD...

Sat, 04/19/2014 - 11:51 | 4675528 chumbawamba
chumbawamba's picture

HUANG JIN SAN BAMEN!!!

Sat, 04/19/2014 - 12:15 | 4675574 DoChenRollingBearing
DoChenRollingBearing's picture

If they had asked Chinese men only, the answer would have been quite different.  We have them here in the USA, but they have virtually none in China.  The answer is:

blonde women!

Sat, 04/19/2014 - 12:21 | 4675590 Theosebes Goodfellow
Theosebes Goodfellow's picture

"Hey boys! Boys! Look what I have heah-re!"

http://youtu.be/493pL_Vbtnc

 

Sat, 04/19/2014 - 12:50 | 4675655 ilion
ilion's picture

Was't Bernanke saying that gold is not money.

Sat, 04/19/2014 - 13:05 | 4675674 Bluntly Put
Bluntly Put's picture

I remember a conversation between Bernank and Dr. Paul, regarding "money" Bernank explained that bank's offer consumers a service. I guess meaning his definition of money is the accounting system of inter-related assets and loans by banks. That is currency, not money.

 

 

Sat, 04/19/2014 - 14:14 | 4675796 Keyser
Keyser's picture

Just because the western banksters WANT people to believe that the ancient relic is not a monetary standard doesn't mean that the majority of people on the planet believe it. 

Sat, 04/19/2014 - 14:28 | 4675821 zerozulu
zerozulu's picture

Saying used to be.

 

A luckiest person in the world is who has a living in America, a Japanese wife and a Chinese cook.

 

Things changed so quickly.

Sat, 04/19/2014 - 19:02 | 4676224 TeamDepends
TeamDepends's picture

Golden Tiger Shark Wang?

Sat, 04/19/2014 - 19:24 | 4676271 knukles
knukles's picture

Blow jobs.
Men would-a said blow-jobs  
Lots and lots of blow-jobs 

Sat, 04/19/2014 - 20:56 | 4676407 Soul Glow
Soul Glow's picture

For those of you who don't know, HUANG JIN SAN BAMEN translates to GOLD BITCHES.

Sat, 04/19/2014 - 19:03 | 4676225 kaiserhoff
kaiserhoff's picture

and I was wrong again.

My guess was toilet paper;)

Sat, 04/19/2014 - 14:35 | 4675833 Lost My Shorts
Lost My Shorts's picture

Gold won maybe because "Australian passport" was not on the list.

Sat, 04/19/2014 - 18:13 | 4676144 OpenThePodBayDoorHAL
OpenThePodBayDoorHAL's picture

They get off the plane down here and say "holy shit they have AIR to breathe down here, I need to buy me some real estate!"

Sat, 04/19/2014 - 22:58 | 4676565 jonjon831983
jonjon831983's picture

"Report: One fifth of China's soil contaminated"

http://www.bbc.com/news/world-asia-china-27076645

Sat, 04/19/2014 - 18:14 | 4676147 MontgomeryScott
MontgomeryScott's picture

I would have expected to see things like "BREATHABLE AIR" and "DRINKABLE WATER" on the list.

Australia's totally socialist now, even though they have a lot of open spaces (mostly dry, uninhabitable desert), so the Chinese really see no reason to move there (well, some of them do, I suppose, because it's so much like the totalitarian socialist home they left).

I remember back in '69, swimming in the Fairlight side of Sydney harbour, just having a good time, and all of a sudden, a peice of toilet paper came floating by. Shortly thereafter, a whole bunch more came by me, along with a load of human feces. It seems that the sanitation workers' union had decided to call a wildcat strike, and they were dumping raw sewage in to the harbour to force their point. It was pretty shitty of them.

Yeah, you had to buy a license to have a television, even back then. Every year, they would put aside one entire day to preview the commercials for the coming year and broadcast them. I still remember the Aeroplane Jelly song.

They drive on the wrong side of the road, for God's sake! Their weather's ass-backwards, too.

Sat, 04/19/2014 - 23:55 | 4676626 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

"Tradition" was the word the retired traitor used.

 

Tuco

Sat, 04/19/2014 - 14:05 | 4675779 Time for Titus
Time for Titus's picture

Blondes? Once again, the Russians have everything the Chinese need.

Sun, 04/20/2014 - 00:31 | 4676662 willwork4food
willwork4food's picture

I remember back when we were all told Russian women were hairy, fat & ugly. After the first few people came over after the collapse I was talking with this knockout babe and had to double take and ask again..."you said you were from where?" OMG.

Sat, 04/19/2014 - 17:22 | 4676044 ebear
ebear's picture

Helll, ANY women!

Something else that wasn't on that list: Stone Lions.  

You can never have enough Stone Lions!

 

Sat, 04/19/2014 - 19:05 | 4676230 kaiserhoff
kaiserhoff's picture

Ya'll are a bunch of sick puppies,

   and you're right.

Sat, 04/19/2014 - 17:35 | 4676069 nodhannum
nodhannum's picture

But...these Chinese guys don't realize that most blond American women are also accomplished "surgeons"!  They have done internships and are experts at performing "walletectomies"...the removal of ones wallet and jin/Au from ones body.  After contact with these honeys, the gold will flow back west.  Fort Knox will be full again.

Sat, 04/19/2014 - 19:57 | 4676333 DangerWillRobinson
DangerWillRobinson's picture

Tall blondes...with small feet...

Sat, 04/19/2014 - 21:43 | 4676466 laboratorymike
laboratorymike's picture

There's a reason why russianbrides.com is in business while americanbrides.com is for sale. ;)

And my Chinese wife does not demand any of that crap btw. Unless it is gold for savings. Still some good women over there, unless they are Shanghaiese. Or maybe she says that because she is a Beijinger.

http://www.the-niceguy.com/forum/

Sun, 04/20/2014 - 11:29 | 4677238 DeadFred
DeadFred's picture

The survey asked what they intended to buy for themselves. I'm not in the market but I'm curious what the 'non-renting' price of a blonde woman is in China nowadays.

Sat, 04/19/2014 - 12:58 | 4675507 Latitude25
Sat, 04/19/2014 - 12:07 | 4675550 Kirk2NCC1701
Kirk2NCC1701's picture

Tyler, ZHers,
FYI: The H2 History Channel has a special tonight that should interest all ZHers...

America's Book of Secrets: The Gold Conspiracy.

Saw previews of it on H2, showing Jim Rickards, Mike Malone.

If you plan to watch this, I suggest you tell family, friends, colleagues. Call, text, email. Think of it as "ZHTV".

u r welcome. - Kirk out.

Sat, 04/19/2014 - 12:16 | 4675575 DoChenRollingBearing
DoChenRollingBearing's picture

Thanks, Kirk!  Will do.  Bearing out.

Sat, 04/19/2014 - 12:21 | 4675592 Snidley Whipsnae
Snidley Whipsnae's picture

DCRB... Bearing out? How about 'beam me up/down Kirk'... 

Howya doin these days?

Sat, 04/19/2014 - 12:26 | 4675603 DoChenRollingBearing
DoChenRollingBearing's picture

Can't complain!  

(But then bearings don't complain anyway, they just squeal when badly treated)

Sales are good in Peru, and the wife is not beating me, Easter is mañana, so all looks relatively well.  Until Monday anyway!

Sat, 04/19/2014 - 12:40 | 4675631 Snidley Whipsnae
Snidley Whipsnae's picture

Good on you. 

My wife beat me only once... she started in Feb 1989 and hasn't stopped.

Monday? Yeah, these times are a bit more interesting than I prefer.

Sat, 04/19/2014 - 13:55 | 4675760 Peanut Butter E...
Peanut Butter Engineer's picture

Have you ever considered a divorce from your wife? That would stop the first beating and make sure it's a final beating by moving!

Sat, 04/19/2014 - 16:44 | 4675956 Philalethian
Philalethian's picture

Ever notice that most govt/mosad/cheney sponsored False Flag Events happen on Monday's so they can milk the news week with repetitive window dressing stories to ramp up the fear and the certainty that one of their well paid terror groups are to blame, and that America needs to rally around the flag and say, go get those mean ol who ever the 'blamed of the day' is going to be.

There is no doubt that mark potack and his group of HATE FILLED anti-American traitors and foreign enemy agents will be in there too pumping the lies and dis-information to benefit who? The American People? Not! They are all about blaming the usual suspects in the liberty movement and stretching truth to it's en'th degree. Oh, but the rabbit hole of hell goes deep with its hateful group of evil things that hate freedom loving Americans, and America herself.

"The SPLC has two primary purposes; it serves as a business orientated, money-making scheme for millionaire Morris Dees. Secondly, it acts as a propaganda vehicle to attack opponents of cultural Marxism and Jewish supremacism in the United States and is particularly engaged in a racial campaign against European Americans, their social, cultural, religious and economic interests, as well as their represented leaders. The means in which it propagates this is through the mobilization of Freudo-Marxian newspeak, developed primarily by the Frankfurt School– known as political correctness."

http://en.metapedia.org/wiki/Splc

Where does the anti-American zionist mark potok live?

http://en.metapedia.org/wiki/Mark_Potok

And how about his child raping boss:

"It is almost identical to other cultural Marxist and Jewish supremacist milieu groups, such as the ADL of B'nai B'rith and American Civil Liberties Union. The SPLC has tried to put across an ambiguous image to its de facto Jewish group interest nature. It was founded by Morris Dees and Joseph J Levin?–the former a cosmopolitan mercenary accused in court of child molestation,[1] the latter a confirmed Jew. The current SPLC president J Richard Cohen? is also Jewish, as is its main media representative Mark Potok.? The SPLC have positioned themselves as enemies of freedom of thought, speech, association and empirical inquiry in the United States."

http://en.metapedia.org/wiki/Morris_Dees

THIS IS THE KIND OF SCUM THAT PLACES THE NEGATIVE BAFOONIC BLABBERINGS HERE ON ZH. THESE NEGATIVE NANCY'S ARE CHILD RAPERS AND MOLESTERS OF LITTLE CHILDREN. THESE ARE THE KINDS OF THINGS THAT ARE THE NUTRITIONERS AND ENABLERS OF THE ELITIST BAGS OF SHIT THAT OWN THEM. ASK, WHAT DO SHELDON ADELSON AND HARRY THE DIRTY RAT REID HAVE IN COMMON? COULD IT BE THE THEFT OF LANDS DOWN BY THE BUNDY RANCH?

AND WHO IS THE ROTSCHILD ENABLER AND SPONSOR OF DOMESTIC TERRORISM IN AMERICA?

http://en.metapedia.org/wiki/Sheldon_Adelson

SOCILIST CHILD RAPISTS:

http://en.metapedia.org/wiki/Pedophilia

AMDOCS RUNS HOMELAND SECURITY COMPUTERS AND SPIES ON ALL AMERICANS:

REPEAT: AMDOCS RUNS HOMELAND SECURITY COMPUTERS AND SPIES ON ALL AMERICANS:

http://en.metapedia.org/wiki/Amdocs

http://www.jpost.com/Health-and-Science/IDF-combat-medics-at-Amdocs-beco...

WHO WAS INVOLVED IN 9/11?

http://en.metapedia.org/wiki/Alternative_theories_to_the_events_of_9/11

ANOTHER ROTSCHILD ENABLER AND SPONSOR OF TERRORISIM IN THE WORLD?

http://en.metapedia.org/wiki/Bronfman_family

MARK POTAK AND MORRIS DEES AND ALL THESE CRIMINALS OPERATE IN FRONT OF THE FACE OF TRUTH AND JUSTICE, YET NO MAN WHO CALLS THEM SELF LAW ENFORCEMENT HAS THE CAJONES TO ACTUALLY INVESTIGATE OR PROSECUTE THESE CRIMINALS THAT CONTINUE TO WORK AGAINST THE NATIONAL INTERESTS OF THE PEOPLE OF THE UNITED STATES. THESE TRAITORS AND PERPETRATORS OF HIGH CRIMES AGAINST THE PEOPLE OF THE USA OWN THE JUSTICE AND POLITICAL SYSTEM IN AMERICA. IN FACT, IT IS ACTUALLY NO LONGER AMERICA, BUT JUST A PUPPET NATION FOR THE PURVEYOR COCKROACHES UNDER THE FLAG OF THE ROTHSCHOILD BANKSTERS.

WAKE THE FLOCK UP PEOPLE! STOP FRILLY DANCING AROUND THE BLATANT TRUTH. YOU HAVE BEEN CONQUERED FROM WITHIN BY THESE EVIL THINGS THAT CALL THEMSELVES WTF-EVER'S, AND WARE MASKS THAT MOST ARE AFRAID TO APPROACH.

DO YOU GOSH DARN JOBS YOU TRAITOR AMERICAN LAW ENFORCERS AND GO AFTER THESE HORRENDOUSLY BLATANTLY IN YOUR GOSH DARN FACE CRIMINALS. EVEN A DARN THIRD GRADER CAN PLAINLY SEE, YES SEE WHO IS RESPONSIBLE FOR ALL THE CORRUPTIONS AND CRIMES AGAINST AMERICA AND THE WORLD AT LARGE. DO YOUR FARKING JOBS!! SHAT OR GET OFF THE POT, OR LET THE AMERICAN PEOPLE RENDER JUSTICE TO THESE EVIL WICKED LYING MURDERS AND RAPISTS OF CHILDREN AND INNOCENTS ALL OVER THE WORLD.

ENOUGH IS FLOCKING ENOUGH!

WAKE THE GOSH DARN HELL UP ANYONE THAT WARES A BADGE AND CALLS THEMSELVES "LAW ENFORCERS." THERE IS NO SUCH THING AS JEWISH SUPREMAISM!!! QUIT COVERING UP AND HIDING YOUR PINK PUSSY PANTIES BEHIND THESE REAL TRUTHS, AND BEING AFRAID OF THE CRIMINALS THAT PAY YOUR SALARIES. YOU EMBRACE ALL THAT THIS EVIL IS AND THEIR MONEY GOD, OR YOU EMBRACE TRUTH, JUSTICE, GOD, COUNTRY, LIBERTY, AND THE CONSTITUTIONAL WAY OF LIFE UPON WHICH THE STONE FOUNDATIONS WERE BUILT UPON. PLAYING THE MIDDLE OF THE TEETER-TOTTER IS NOT WORKING ANY MOAR. THE PEOPLE WILL BE THE REAL LAW AND ENFORCEMENT, IF YOU ALL CONTINUE TO REFUSE TO DO YOUR PROPER RIGHT-UP JOBS!

CRIME IS CRIME AND CORRUPTION IS CORRUPTION ON ANY PLANET!!! DO NOT DENY YOUR OWN HEART'S VOICE. STOP THIS INSANE MADNESS OF BAD PEOPLE/THINGS CALLING GOOD PEOPLE DOWN FOR BEING GOOD AND RIGHTEOUS. DO NOT LET THE CHARADE OF THESE THINGS/PEOPLE BEING ALLIES AND FRIENDS CONTINUE, WHILE THEY STAB AMERICA IN THE BACK AT THE SAME TIME.

(end of rant report)

 

 

 

Sat, 04/19/2014 - 16:57 | 4676006 NoTTD
NoTTD's picture

Nutter.

Sun, 04/20/2014 - 02:20 | 4676487 Tengri Temujin
Tengri Temujin's picture

He is not a Jew hater, we all know and have met many decent Jewish people just like there are many decent Christians, BUT there is a certain percentage in each group that are doing a lot of harm to the world in upholding the dollar hegemony, and have no compulsions about destroying governments and killing innocents.  So let us maybe call them Jewish Mafia/ Jewish Banking Clans, Neo Conservatice Christians or MIC.  And when someone strays remind them that maybe they are refering to JM or JBC or NC or MIC.

And while every country and ethnic group has these kinds of people, the above mentioned are in positions of extreme power by controling powerful militaries and financial systems that do a lot of damage.

Sat, 04/19/2014 - 17:37 | 4676070 kurt
kurt's picture

Jew Hater-Baiter

Sat, 04/19/2014 - 17:44 | 4676084 Stockmonger
Stockmonger's picture

I hate it when my caps lock get gets stuck halfway through a crazy rant.

Sat, 04/19/2014 - 19:53 | 4676319 DangerWillRobinson
DangerWillRobinson's picture

Pull my finger. Oh... and, Jeeeeeeeeese, stop the Jew hatred dumbass.

Sat, 04/19/2014 - 17:52 | 4676104 ebear
ebear's picture

"Bearing out"

It's what we do.

http://www.youtube.com/watch?v=48y5f2yCMxw

Sat, 04/19/2014 - 18:54 | 4676210 ThroxxOfVron
ThroxxOfVron's picture

Throxx to Enterprise,

I have compiled sufficient data to complete the requested report concerning the policies and mechanics of the primitive Oligarchies and War Lords presently dominant in this alternative Earth time-line.

No green women here.  

Ensign Ricky has met with a regrettable accident.

One to beam up.

Throxx out.

Sat, 04/19/2014 - 14:24 | 4675813 zerozulu
zerozulu's picture

Oh, I don't have cable!!!

Sat, 04/19/2014 - 20:32 | 4676385 Kirk2NCC1701
Kirk2NCC1701's picture

So, no DirecTV/satellite either, I suppose.

Sat, 04/19/2014 - 23:50 | 4676620 Tuco Benedicto ...
Tuco Benedicto Pacifico Juan Maria Ramirez's picture

I do not trust Rickards.  He says gold prices are not manipulated (as does Jim Rogers) and that the Fed cares not what the price of gold is.  I trust him as much as I trust George Soros!

 

Tuco

Sat, 04/19/2014 - 20:41 | 4676389 Quinvarius
Quinvarius's picture

Goldman has zero hard data on the existance any leveraged gold or copper financing deals beyond anecdotal evidence.  It is all speculation and estimation.  Even if it were true, China cannot export any gold by law.  So it isn't coming back.  And it assumes the structure of these deals does not involve already paper hedges which will be bought back or that there are not willing buyers for the gold outside of the banking system.  I don't often strongly disagree with a major meme here.  But this one is not soundly researched.  The only gold financing deals that are going bad are the ones where the Fed has no gold to give back to other countries and the bankers have no gold to give back to the Fed.  Those have always been the big problem.

All I see in the world are commodity prices breaking north across the board.  Pick one and check the chart: http://finviz.com/futures.ashx .  Nothing has changed on the math that leads to hyperinflation, except it has become even stronger.  Goldman chooses not to accept that.  That is their problem.  

Sun, 04/20/2014 - 01:04 | 4676690 Atomizer
Atomizer's picture

Entire Apple Stores Faked in China

 

Tyler.. World-Systems Theory   <- Winks..

BTW, keep up the pressure, well done!

Sat, 04/19/2014 - 11:30 | 4675487 CHX
CHX's picture

1050? Yup, just bring it on, if they dare. Naked shorts are being set up for a memorable experience IMHO. 

Sat, 04/19/2014 - 12:37 | 4675608 ZH Snob
ZH Snob's picture

gold is best left in dark, hidden places and not worn for the envious to see lest one be marked like swine for slaughter.

Sat, 04/19/2014 - 13:20 | 4675708 fockewulf190
fockewulf190's picture

I´ll bet there were plenty of council members who, after reading that report, silently said to themselves..."We´re FUCKED!".

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