Apple buying a third of world’s gold to meet demand for iWatch
Creates a demand for Gold and gives Apple a chance to get some Chinese money and Chinese Gold adding value to Gold !
Where is Apple going to store all that money …thats going to be a problem ! keeping it away from Most of the Worlds Politicians ..
Apple is going to represent Half of all the Stock Market wealth ! thats risky business.The Gold will end up back in China minus half the money Apples charges which ends up in Apples offshore accounts ….Maybe Cooks going to buy Ireland ! and have a safe haven out of Obummers reach !
The last time someone tried to own a Country ..the Mafia tried to buy Cuba HMMM I wonder haw that worked out for them !