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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (20155)11/24/2009 11:36:45 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 29622
 
>>It was funny that Chinese officials were trying to negotiate the IMF gold at a lower price and India comes out of nowhere and buys 200 tonnes.<<

It IS funny...that's exactly what happens to me when I try to buy some thinly traded junior. Some whale hits the ask and next thing I know the price is up 8% over my bid....<BG>



To: bull_dozer who wrote (20155)11/25/2009 1:08:22 AM
From: pitbull_1_us2 Recommendations  Respond to of 29622
 
""It was funny that Chinese officials were trying to negotiate the IMF gold at a lower price and India comes out of nowhere and buys 200 tonnes.""
Money talks and bs walks as they say.They wanted to scarf it up on the cheap..China dosen't care anyway.They will just take whatever they want from internal production.I think Chinese gold demand is a red herring simply because of their position as the #1 producer.All that crap about China this and China that is just that.Crap.The rest of the world will move the demand..