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To: yard_man who wrote (211903)12/30/2002 6:16:43 PM
From: Broken_Clock  Read Replies (1) | Respond to of 436258
 
LOL! yeah, if each adult just had one tooth filled it would use up all the gold and silver in the world!

Seriously, China does figure prominently in prophecy for the last days. So far, those Chinese are right on track to be that powerhouse.

Can you imagine the audacity of that country? First they want oil, then satellite TV, then cell phones, now gold!



To: yard_man who wrote (211903)12/30/2002 6:32:50 PM
From: NOW  Respond to of 436258
 
nah; they are probably taking a page from our gangsters here and letting the little guy buy in voraciously before smacking the gold bug citizens on the head so as to strengthen their own fiat longings....



To: yard_man who wrote (211903)12/31/2002 4:35:53 AM
From: TobagoJack  Read Replies (2) | Respond to of 436258
 
tippet, <<that Mogambu gru dude has some interesting ideas concerning China allowing their citizens to buy gold -- why now? is a good question>>

Message 18356846 is the long answer, and for those preferring sound bites ...

(a) gets population's mattress money where they can be seen and accounted for, and where if they want to spend it, they need to go to the bank for exchange into fiat cash

(b) diversifies population savings away from USD

(c) prepares the country for open capital account

(d) prepares the way for political reform Message 18356846

Chugs, Jay