commodities price

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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bernardho

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commodities price

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luker

posted on Nov 19, 2008 10:41PM

News from China :

China became the largest holder for US bond, more than Japan..exceeding 530 billion, just the last 9 months in 2008, bought more than 100 billion worth..as other currencies are more unstable..

Central bank is considering buying gold and oil/commodities as strategec reserve..

The Chinese goverment is also very concern about Feb 09 ,the period after the Chinese new year . They are expecting a flux of bankcruptcy in manufacturing sectors and may lead to riots.

They are stimulating the weak economy for the coming 2 months to elivate the problem.

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