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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (43994)	12/29/2003 5:44:03 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Bank of China will stop controlling gold market in 3 days. No more control of exports and exports of gold. 29/12/2003 Banco da China deixará de controlar mercado de ouro em janeiro Pequim, 29 dez (EFE).- O Banco Popular da China anunciou hoje, segunda-feira, que deixará de controlar as importações e exportações de ouro e produtos derivados a partir de 1º de janeiro de 2004. Segundo instruções da entidade estatal, as alfândegas também deixarão de ficar encarregadas do despacho dos produtos fabricados com o metal nobre, segundo os acordos que a China assinou ao ingressar na Organização Mundial do Comércio (OMS) em 2001. O comércio do ouro e dos produtos fabricados com o metal precioso, considerados mercadorias especiais, era até o momento controlado pelo Banco Popular da China. O mercado de ouro chinês foi liberalizado pela primeira vez em dezembro de 2002, após 54 anos de monopólio como medida para estimular o setor.

To: TobagoJack who wrote (43994)	12/29/2003 10:46:11 AM
From: pezz	Read Replies (1) \| Respond to of 74559

Early morning report; I too did some unloading this morning ( though not China stuff as all that is up) I'm worried about the Osama's (excuse?) and I wanted to raise some cash as well so dumped all my BFLY @ 4.036 paid 4.07 I guess my aggressive sellin wuz holdin it down cauz it bounced up to the 4.20's as soon as I wuz done.( I can live with that). Probably do some more sellin into the Jan. effect in the next coupla weeks. I expect to be off to warmer climates in about a week myself,3 months somewhere outa the ice and snow. But of course I won't miss a day of tradin .