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.

Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: longdong_63 who wrote (23896)	12/19/2002 3:30:35 PM
From: gold$10k	Read Replies (1) \| Respond to of 36161

LD, There are quite a few people in China. vt

To: longdong_63 who wrote (23896)	12/19/2002 3:31:46 PM
From: Mannie	Respond to of 36161

There is a lot of wealth being created in China now. It is not a huge portion of their population, but the small percentage that has wealth, has a lot or wealth. A small percentage of over a billion people is a sizeable number. Luxury items sell very well there. Wealth is being created very quickly in Asia. scott

To: longdong_63 who wrote (23896)	12/19/2002 4:06:22 PM
From: Cogito Ergo Sum	Respond to of 36161

There's lots of folks with dough there. Don't mistake them all for impoverished peasants. You know the same spirit that makes so many Chinese entrepreneurs and professionals (and gamblers :o) in the world wherever they have settled, exists over there too.

To: longdong_63 who wrote (23896)	12/19/2002 7:18:37 PM
From: steve susko	Respond to of 36161

You fool ... there are alot of rich chinese in today's relatively free market economy over there.

To: longdong_63 who wrote (23896)	12/23/2002 9:48:45 PM
From: Step1	Respond to of 36161

VT, just a comment here. It`s funny to see when a company in networking or chips moves into China how hyped the 1 billion consumers are but when it comes to gold, it is often put down. I remember seeing and still see articles trying to work the angle that as China (and India) `s societies become more refined, less barbarian relics will be prized (like Pt as well as financial instruments etc...) there seems to be a tectonic shift now afoot and the Wall St establishment will deny it until the very end, while stockpiling through the back doors in Au and Au equities... step1