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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (31462)	10/27/2010 6:30:03 PM
From: ggersh	Read Replies (2) \| Respond to of 71479

OK, but if Gold hits $20,000 it's game over anyhow. Actually could be game over at $5,000. China has to be in the process of doing this already, at least one would think that!

To: GST who wrote (31462)	10/27/2010 7:24:50 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 71479

China should significantly boost gold in reserves - media in.reuters.com Wed Oct 27, 2010 11:37am IST BEIJING (Reuters) - China should significantly boost the amount of gold held in state reserves, a newspaper run by China's Ministry of Commerce said on Wednesday, citing a local researcher. Meng Qingfa, a researcher with China Chamber of International Commerce, was quoted by the International Business Daily as saying that China should eventually boost its gold reserves to a level equal to that held by the United States. U.S. reserves stood at 8,133 tonnes as of the end of June, significantly higher than China's current level of 1,054 tonnes.