To: antaresequity
The largest population on earth, the Chinese, were very recently allowed to privately own gold.
The last gold surge was tied directly to the Chinese also. As the turnover of Hong Kong to China approached, the best way to cash-out was to purchase GOLD. In connection with the exodus out of Hong Kong to other parts of the world, it was probably the largest movement of financial assets in the last two decades.
To: XHogPilot
The largest population on earth, the Chinese, were very recently allowed to privately own gold. Interesting news to me. Can you point to a news article or source for more detail?
42 posted on
01/27/2003 7:30:26 AM PST by
Phaedrus
To: XHogPilot
The last gold surge was tied directly to the Chinese Reminded of Marco Polo, who sewed gemstones into the lining of his coat for the financing of his journey. Gold and gemstones--won't get you through airport security anymore.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson