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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (33362)6/14/2003 9:13:00 AM
From: aknahow  Read Replies (2) of 74559
 
Sinclair may have been right on the potential impact but China did not liberalize investment purchases of gold on June 1. An article at Chinadaily.com explains that this has been put off until later this year. Search for "bullion" and go to 5/20/2003 date for the article.

Sinclair dissed someone who asked about the lack of impact, apparently Sinclair was unaware of the date having slipped. Rather after calling attention to the significant impact the move would have on the pog, he told the questioner that people expected too much.
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