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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (10808)12/27/2011 11:43:20 PM
From: RealMuLan  Read Replies (2) | Respond to of 12464
 
"A London metals trader recently reported that the Chinese government is aggressively negotiating with multiple gold mining companies to purchase their entire gold output on long-term contracts. This is the same London trader who spilled the beans in 2003 that the Chinese were buying gold reserves, which was not confirmed by the Chinese nor reported by the mainstream financial press until 2009. He is definitely in a position to observe such activity and has a stellar record of accuracy.

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