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.

Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: gold$10k who wrote (15608)	2/25/2010 10:24:51 AM
From: No Mo Mo	Read Replies (1) \| Respond to of 48092

HO HO HO... <G> That's one worry down.

To: gold$10k who wrote (15608)	2/25/2010 12:11:07 PM
From: Tommaso	Respond to of 48092

On the other hand: chinapost.com.tw

To: gold$10k who wrote (15608)	2/25/2010 1:38:40 PM
From: Zincman	Read Replies (1) \| Respond to of 48092

grandich.agoracom.com And India to buy it too... lol Can't be both....

To: gold$10k who wrote (15608)	2/25/2010 6:08:25 PM
From: Wade	Read Replies (1) \| Respond to of 48092

I still need help to find this recent article( may be 2-3 weeks old), which speculated that the reason why Chinese didn't buy gold from IMF during the 1st round auction was that they refused to lease it out because it was the condition from IMF. But, Indian Central bank went for it. I didn't know what to say about it when I read it. I found another article last night: gata.org It wrote about this comment from an Indian banking official: "So, despite the interest being very low, gold is a safe bet," the official said, referring to the low returns the bank receives through custodians for lending out some its gold. Now, suddenly Chinese wanted to buy gold from IMF in open market, which starts ringing bells to my ears. This is got to be an interesting spin. LOL