Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (38879)	9/26/2003 1:49:57 PM
From: ild	Read Replies (1) of 74559

Jay, how much truth is in this story #reply-19343792 ? <<<As much as 300 billion yuan (US$36.15 billion) in private money is estimated to flow into the gold market, creating demand for about 3,000 tons of gold. >>> If yuan is going to appreciate (as everybody expects) why do they need gold? Stoopid Americans need gold, but they are busy buying houses. Make sure you've read today's Roach Global: Protectionist Tilt Stephen Roach (New York) morganstanley.com I hope you didn't miss latest Gross: Investment Outlook Bill Gross \| October 2003 Clueless pimco.com

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