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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (3091)	1/31/2003 1:58:16 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 5423

yes, China has been diversifying their $350B in Trez reserves they announced last summer plans to diversify 1/3 TBonds 1/3 EuroBonds 1/3 Gold I think they are buying more gold than they admit politically correct, you know no need to tell the truth and upset your major US export partner meanwhile, use agents to buy gold then buy some more since 1994 we might as well back up a tanker and load our USA Gold Reserve storage center straight into Peking the next decade (2003-2012) will be very much dominated by China every major economic or financial phenomenon will have China at the center of meaningful activity and critical dynamics in the last half of this decade (2005-2010) their resupplied Central Bank will enjoy a monstrous banking expansion effect on their economy they just need to manage well their expansion and avoid insolvency here and there and everywhere while US spins out paper shit, China will gather gold treasures / jim