To: Cactus Jack who wrote (17142 ) 5/3/2009 5:27:54 AM From: TobagoJack 4 Recommendations Read Replies (1) | Respond to of 49990 the biggest gold trader that is not the central bank itself (people's bank of china), an arm of the cash-rich china nuclear industry corp, only does us$ 17 mil of back and forth in a week and they say the market is effectively non-existent relative to china financial flows and investing population and savings hoard, because people are not in tune yet. they set up their gold desk to gain experience, because they say they are preparing for the inevitable day when it will matter. they get a few billion a year from developing and operating nuke stations and selling electricity, and use the float to play the market using own and wang3cups names, with full authorization of officialdom, and full political sanction, because the state wishes to seed the market and offer guidance. the company's trading desk for share speculation and manipulation is operated as would a military force, campaigns and false information and false flag ops and all, because almost all of its officers and trusted management came from the military, given that the outfit was a part of the military when first established many moons ago. i have been watching the comrades for awhile on their gold goings-ons, and not exactly silently a hint of mania that can be, late last year Message 25212054 when the force was strong watch n brief article posted during early days of gold reform Message 17515662 (2002) scribblings on early watch n brief heads-up Message 17516752 (2002) early briefing on the why's of china gold reform Message 18356846 (2002) on gold reform, a followup note done in 2006 Message 22953168 on gold retailing Message 23159812 on gold reform benchmark Message 22503263 etc etc etc