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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.87

+0.4%

Nov 11 4:00 PM EST

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To: TobagoJack who wrote (7025)	6/7/2006 8:42:27 AM
From: sciAticA errAticA	Read Replies (1) of 217700

from Richard Russell today -- Behind the scenes -- I believe China and Russia love what's happening. The new lows in gold are giving them exactly what they want -- an opportunity to accumulate gold at bargain prices. Both nations are in the process of building up their gold reserves, and the longer gold languishes, the better they like it. Russell prediction -- Just before the 2008 Olympics in China, China will announce full convertibility of a gold-backed renminbi. Thus China will move to super-power status with a wanted currency -- prudentbear.com

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