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To: marginmike who wrote (210559)12/18/2002 11:10:31 PM
From: Activatecard  Respond to of 436258
 
Richard Russell is the latest gold bull.
321gold.com
The Commercials are getting slaughtered. But bigger than that,
the gold carry/derivative trade has to be in deep sh*t.
James Sinclair says that at $354, everything comes apart at
the seams, so it will be defended at all costs.



To: marginmike who wrote (210559)12/18/2002 11:31:49 PM
From: posthumousone  Respond to of 436258
 
87 crash gold up miners down, I am TELLING you something is not right in OZ, and tomorrow may well be a BIG disaster for equities >>>
Yes, nothing was spared



To: marginmike who wrote (210559)12/18/2002 11:51:53 PM
From: mishedlo  Respond to of 436258
 
Here's the deal.
A crash is a myth. ggg

Message 18352373
December 19, 2002
BEIJING: Gold bullion became available to Chinese individuals as an investment option for the first time since 1949 as the small gold bars began selling in Beijing yesterday.

"The opening of the individual gold investment business will significantly boost gold demand in China, taking into account the huge savings deposits of 1.3 billion people," said Liu Shan'en, an expert with the Beijing Gold Economics Research Centre.

Currently, the deposits stand at around 8 trillion yuan (US$966.5 billion), official statistics showed.

"Gold demand in the country will double soon from the current level of around 200 tons a year as a result of the opening of the business," said Liu.

Last year, gold consumption reached 213.2 tons, the fourth-highest level in the world.