Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (139062)	12/17/2001 7:46:31 PM
From: TobagoJack	Read Replies (1) \| Respond to of 436258

Hi Joel, yiup, I am here, in the shadows, looking through the scope, attached to something long and sinister looking. On gold and China, the published reports are all A-OK on the facts. There is a side development in China that is intimately tied to gold mining, trading, holding, and hoarding. The Chinese Communist Party (CCP) actually sees the writing on the wall that says elections, now allowed but confined to the 900k villages across the land, with vast majority of candidates put on the ballot by the CCP, will have to be expanded and opened up eventually to the city, county and possibly provincial levels, going the way of Taiwan and Korea not so very long ago. This is so that future local mess-ups can be blamed on the local authorities, without endangering national peace. I do not know how ‘they’ think they will limit the elections to all localities without impacting national politics. Does not matter at this point, one step at a time. In preparation for all the political turmoil, the CCP is actively trying to recruit non-traditional sections of the population – business, academics, et cetera. Problem: elections cost money. Possible solution: The Kuo Ming Tang (KMT) of Taiwan, long before implementing election reforms, had made sure that the various foundations established by the party held shares of private and publicly listed companies, both as a source of funding and as a source of the political machinery. This social-eco-political model is common across all of Asia, including possibly Japan. Issue: Industrial enterprises make profits as well as losses. Eureka: Not all industrial enterprises. Some can operate ‘profitably’ as long as selling price is over cash cost, like gold mines. The ‘communists’ believe in gold, enough that they want to mine it, trade it, in exchange for cash to 'win' elections, and to better diversify national wealth holding (USD, Euro, gold, platinum, New Zealand forests, Burmese beach resorts, Big Mac franchises, productive assets, ... et cetera). Chugs, Jay