SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chispas who wrote (105177)9/17/2009 1:44:45 PM
From: Hawkmoon  Read Replies (2) of 110194
 
I don't doubt that the Chinese have gold fever.

But one has to ask WHY the Chinese government is promoting its purchase. That would seem to send a signal not to trust their currency.

And how much of the recent gold movements in recent months are due to Chinese buying, rather than fear of inflation in the US?

I could see a boom for gold based upon Chinese fears of internal instability and uncertainty over where to find a storehouse of value given the restrictions on capital outflows from China.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News