Very Bullish User ID: 832750 Netherlands 12/03/2009 08:16 PM Report Abusive Post Report Copyright Violation | Chinese Central Bank says gold prices on a bubble so basically has been reluctantly playing the gold card making it all too public they're looking to diversify more into the stuff... why? big game of chicken they would much prefer to be doing what they have been doing and doing it slowly, ie. buying their gold directly from production and scrap.
but left a reckless FED they had engage in a bit of PR brinkmanship. but India has cheated! they've gone and bought a boatload from the IMF for TOP DOLLAR!! couple games of chicken now... China is in a bad spot here... thanks a bunch India... out comes China saying gold is in a bubble all of the sudden. |
Anonymous Coward User ID: 781960 United States 12/03/2009 08:27 PM Report Abusive Post Report Copyright Violation | Re: Chinese Central Bank says gold prices on a bubble AAAAAANNNNNNDDDDDDD................ Gold is goin' in the tank right now. [ link to www.kitco.com] |
Anonymous Coward (OP) User ID: 832750 Netherlands 12/03/2009 08:30 PM Report Abusive Post Report Copyright Violation | Re: Chinese Central Bank says gold prices on a bubble down a tad over 1% toilet? if gold dives under 1k in the next 2 weeks you might have a point |
Anonymous Coward User ID: 782016 United States 12/03/2009 08:35 PM Report Abusive Post Report Copyright Violation | Re: Chinese Central Bank says gold prices on a bubble
Quoting: Anonymous Coward 781960 Don't think of it as tanking. Think of it as a buying opportunity. |