The first four months of year saw Americans sell $16.6 billion worth of gold via GLD; the past two weeks saw Chinese housewives buy $16 billion worth of physical gold

``According to "Voice of China" radio program, one of this year's most popular phrases may be "Chinese housewives" -- as a major force which reportedly spent 100 billion yuan (US$16 billion) over the past two weeks purchasing 300 tons of gold and thus helping to sustain gold prices at US$1,468 an ounce.''