Oct. 19 2010 | The PBOC's rate hike doesn't ring alarm bells about slower growth in China's economy, says Alan Heap, MD and global commodity analyst at Citi Investment Research. He tells CNBC's Oriel Morrison that this move is unlikely to hurt the mainland's demand for commodities.
Wednesday, October 20, 2010
Gold is not the only way to hedge against Inflation : Jack DeAngelis
Ken Frankel Gives His Angle On Gold And Inflation!
Jack DeAngelis Is A Guest On The Ken Frankel Show!Bob Chapman : Russia and china are strong Gold buyers
Bob Chapman on Gold and Silver discount trading 18 Oct 2010
Bob Chapman wrote on the International forecaster of the 13th october 2010 :....Russia has been a persistent gold buyer both of domestic production and in world markets. China has bought domestic production, but has not been aggressive as Russia in world markets, choosing a subtle market approach. We believe China will have to become much more progressive in the markets as their dollar holding rise, unless of course, there is a third world war. It is not difficult for China to use intermediaries to buy, as they have done in the past. China strongly markets both gold and silver to its citizens particularly in exchange for dollars. As a result of this Chinese approach, the overall BRIC approach and buying by the rest of the world, control of gold trading will soon be at an end. You might say how do we know this? It is a good question. Markets are not scientific they are an art form and we have been deeply involved in this gold and silver venue for over 50 years. As time passed you know what to look for and what to expect. That is how we project what should happen. The long study of finance, monetary policy and the desire for total world control have allowed us to back into what we believe will happen. For the past 21 years we have done that and have been right 98% of the time. Consequently we have an excellent opportunity of continuing to be correct....."
Click here to read more >>>>>
Subscribe to:
Posts (Atom)
