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

To: TobagoJack who wrote (66734)	10/2/2010 10:35:25 AM
From: carranza2	Read Replies (1) \| Respond to of 219741

Jay, saying that China's opening to gold imports is bullish is like saying Michaeangelo painted a few decent frescos. I really wish you would tone up your penchant for understating things. vbg It is seriously and magnificently bullish for gold. China after all is the world's largest gold producer and the second largest global consumer. The easing of restrictions means that its considerable internal production is insufficient. I cannot think of anything more bullish except perhaps the elimination of all restrictions. We shall see how the market responds. My thinking is that there will be a substantial pop when the spot market opens.