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


To: TobagoJack who wrote (85094)12/27/2011 8:45:41 AM
From: carranza2  Read Replies (1) | Respond to of 217691
 
Couple of interesting articles on gold and China.

First, though the official quoted in the article suggests more buying for reserve, fact is that there were apparently no PRC purchases of gold during 2010 and 2011. Makes sense. As the article says, any purchases in size simply mean higher prices. A conundrum for the PRC.

chinadaily.com.cn

Second, more government control of private transactions.

zerohedge.com