Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: energyplay who wrote (54436)	10/19/2004 8:42:56 AM
From: TobagoJack	Read Replies (2) of 74559

David and Bill, China, as in PBOC is most likely not accumulating gold, because what they buy, they sell. What China is most definitely doing is encouraging private ownership of gold (obvious policies, definite laws, implemented trading platforms, widening distribution channels, public awareness campaigns, etc). This will prove, I believe, more powerful than the PBOC could ever be on its own, and smart. Chugs, Jay

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