SI
SI
discoversearch

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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (27568)1/8/2008 6:56:50 PM
From: TobagoJack  Read Replies (3) | Respond to of 219525
 
i am not counting on the shanghai gold exchange to do anything as i see it only in the context of the overall reform of mainland gold policy

however, now that this moment is upon us, i suspect that the mainland market will start to explicitly influence global gold pricing as anything china buys or sells invariably do

additionally, i note that the chinese can stir fry a whole lot of assets to speculative frenzy high, and there is actually few items that is for pure absolutely speculative fun - gold, it has no correct price

i am not sure how much pre-launch publicity had been issued in the lead up to the shanghai futures trading for individuals

but do note that even the mainland chinese doctor wife of a mainland chinese higher but not quite yet c-level biz manager knows about the launch of trade

had dinner with them last night, and the wife normally specs in the share market

the guy is wired in and had at one time led me to the central party school to meet with fairly important c-level folks in training before taking over as chairman of mega state companies for private one-on-one meetings - these would be minister and vice minster ranked folks in the scheme of arrangements

the guy mentioned that it is the quiet policy of prc govt to get gold into private citizens' hands

the developments in china on gold mkt certainly supports that thesis

drama, thriller, mystery, all lovely