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Gold/Mining/Energy : Gold Price Monitor
GDXJ 147.31+2.1%Jan 27 4:00 PM EST
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To: E. Charters who wrote (91176)11/14/2002 1:25:40 PM
From: RealMuLan  Read Replies (1) of 116927
 
>>in countries like France and China, much gold is still in private hands and is buried, not in banks.<<

I double it in case of China. This might be true before the Cultural Revolution, but after it, I do not think much, if any, still buried under the ground. In private hands? some as jewelry, but not a whole lot. I do not even think many modern Chinese are interested in Gold that much, since they can now buy big house, nice cars, and all kinds of fancy electronics if rich enough. And the richest will collect arts rather than gold. of course just IMHO
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