Are they talking their game or do they really think it? That is the question.....

"China PBOC Researcher Warns Sharp Gold Price Decline

From Market News International, Frankfurt, Germany
Tuesday, August 31, 2010

China currently holds 33.89 million ounces of gold, according to People's Bank of China data.

The central bank has recently talked down the possibility of increasing its gold holdings, noting the market's limited size and price volatility, though the government did consider buying gold offered for sale by the International Monetary Fund earlier this year. "

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