August 6, 2012
By Frank Holmes, CEO and Chief Investment Officer, U.S. Global Investors
Clarkson reported that Chinese oil demand is up about 15.0% for this year, 10.0% more than expectations, demonstrating that China's slowing GDP growth rate does not translate into a slowing energy demand.
Source: This was excerpted from U.S. Global Investors' Advisor Alert, July 20, 2012, www.usfunds.com.
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