Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: TobagoJack who wrote (57022)	10/28/2009 10:37:54 PM
From: Amark$p	Read Replies (2) \| Respond to of 217576

Once again, thanks for the info: "tough to impossible to get margin when one wishes to take physical delivery, and that is what folks had done, taking physical delivery" Seems this is what outsiders/MSM do not understand about China and the Chinese. You see many of these stories nowadays about Chinese speculating, and they are essentially correct, BUT they fail to mention that these assets/metals are purchased for cash without margin or loan. That is not speculating (or much LESS speculation), IMO. Not much different than the rural Indians wearing their [gold] bank accounts around their necks, arms, and fingers. However, the Chinese real estate market may have one problem from what I gather. There apparently is not a secondary market for home sales (i.e. used home sales). Most Chinese only buy a new house, and a secondary/used home market has not developed. This could be a probelm, IMO. Would be better if a liquid secondary home market was developed in China. Any thoughts on this? With copper and nickel on pig farms, there is a liquid secondary market. But personally I do wish the Chinese would take after the Indians more and buy mostly gold...