"As expected, gold prices took a tumble last week as China's markets took the week off for the Lunar New Year holiday. Also as expected, the Chinese returned to the gold markets this week with a vengeance, with the Shanghai Gold Exchange seeing all-time record high volumes as prudent Chinese investors bought the dip. India is also getting in on the savings, with gold imports leaping 23% to wind up at 100 tonnes on the month, an 18-month high and 40% above last year's monthly import average. The Indian buying spree comes as traders look to lock in supplies in advance of an import duty hike. As a result, gold is creeping back up from last week's low, although the market may try to test the new bottom in the coming days ahead of an expected dip toward a technical bottom in May. Meanwhile, for those who need reminding why gold is a good investment at any price, the shiny yellow metal continues to flirt with all-time record highs against the Japanese Yen, a.k.a the canary in the currency war coal mine." --- seems like some paper dragon wants gold lower regardless of the cost. It is suggested in the end the American people will be stuck with a big bill for replacing all of their stolen gold and from other nations as well.