Perhaps even more to the point, China's M2 measure of money supply was up 19.5% this November compared to last (Want China Times, quoting China's SouthernWeekly, has an excellent, concise article on this subject here, and really nails the issue on its head).
Continued uncertainty over the economic health of southern European countries is expected to support gold prices next week, with the majority of participants in the weekly Kitco News Gold Survey forecasting higher prices.