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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (36588)7/4/2008 7:19:51 PM
From: TobagoJack  Read Replies (1) | Respond to of 218863
 
conclusion: we do not have our fair share of gold

suggestion: buygold

followup: the institution i visited puts billions of rmb cash to work on their equity schemas, convolutions, machinations, and games for own account, and does have a gold trading operation which includes a seat on the hong kong gold and silver exchange. their gold operation is for own account, but also does some trades for external relations.

but, here is the best part, its gold trade amounts to 10-20 mil rmb per day, meaning nothing.

they commented that they figure china retail investor has no clue about gold, and as inflation rages on, they will, and when so, watch out, it will be heavenly.

figuring: buy before the chinese decides to buy as vietnamese had decided a few weeks ago and became the largest importer of gold in the world over a 30 days period