China opens the floodgates for gold and silver

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wymwood

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China opens the floodgates for gold and silver

posted on Aug 05, 2010 10:34PM

from Motley Fool August 5

... "some of China's forthcoming activity in precious metals may indeed be geared toward securing a steady supply of imported bullion in exchange for up-front development capital. Whatever combination of direct investment stakes, supply agreements, or low-cost development loans result from this official policy directive, I believe that the impact will be broadly and powerfully felt throughout the global markets for gold and silver."

http://www.fool.com/investing/international/2010/08/05/china-opens-the-flood-gates-for-gold-and-silver.aspx

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