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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (24396)	11/22/2003 6:52:41 PM
From: Condor	Read Replies (2) \| Respond to of 39344

China is on a roll. It is to our advantage to encourage trade with them. Bingo. Our geographical location in North America and our political palatability make us a natural partner for China. We can be another tangential player in the Euro scrum or open the entire S.E. Asia to ourselves via China as the door to North America. We desperatly need to provide ourselves a playmate other than the US. We're the kid on the block and anytime the US decides to be a pedophile, mommy's not around.( Witness Steel and Lumber) What say you? cheers C

To: ralfph who wrote (24396)	11/22/2003 11:43:56 PM
From: E. Charters	Read Replies (1) \| Respond to of 39344

The Chinese have a foreign currency reserve of 360,000,000,000 dollars. 120,000,000,000 of that is in gold. That is 305,343,115 ounces Troy or 10,468 short tonnes of gold. (9500 metric tonnes) This is 2,000 short ton more than the states is holding and 10,468 tons mor than Canada has. EC<:-}