..knowing who controls the gold market, besides the Global paper market, it:s become comon to see gold higher on Chinese New Yr.. Here in the West we give our children bags of candy and in the East..
SAN CITY (NEW YEARS FEB 2008)
8/23/2007 1:03:41 PM | | 342 reads | Post #15452375
Recently,banks in China started to sell gold coins,and in culture, all children receive a red envelope in the New Year with a coin in it.This may start a frenzie if,every one whants a gold one.China will (my opinion)increase their gold position from 2% to 7% which would be substantial.(feng shui east west)