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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: Alan Whirlwind who wrote (33439)5/8/1999 12:01:00 AM
From: PaulM  Read Replies (1) of 116764
 
"some central banks have bought gold discreetly...identifying China as the country most likely to increase low gold reserves."

asia.yahoo.com

I may be crossing the conspiracy theorists line with this but...

I sometimes wonder whether the recent China hysteria--after years of coddling--has anything to do with China's much publicized decision to move out of dollars and into gold and Euros. And today's accidental embassy bombing?

Who knows. But if we're right about counterproductive gold anouncements, the price should rebound right away. As in next week.
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