RARE OPP! Chinese Central GOLD MAN, makes China's GOLD accumulation case

[beefsteak]

Translation from original Chinese is here:

http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.qstheory.cn%2Fzxdk%2F2012%2F201 215%2F201207%2Ft20120727_172665.htm


Good Read. And a Rare read. This is about as official as it gets for a peek behind the inscrutable Chinese Curtain and it's spelled out gold policy and why.


beefsteak

[palani]

The Chinese have always been fans of gold it seems. They go to extremes to keep it

http://i45.tinypic.com/287kdgg.jpg

From an 1810 Commercial and Trade dictionary.

[beefsteak]

Sinclair likes Chinese Bullion Products:

3378

[mamboni]

Translation from original Chinese is here:

http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.qstheory.cn%2Fzxdk%2F2012%2F201 215%2F201207%2Ft20120727_172665.htm



Good Read. And a Rare read. This is about as official as it gets for a peek behind the inscrutable Chinese Curtain and it's spelled out gold policy and why.


beefsteak


That translation is full of fluff and poor syntax, and too long. I use C.M.O.S.N.B.E.S.*** Translator and got this:


America print paper dollars to buy our stuff. We take their crappy paper and buy gold. We increase domestic production and accumulate gold to back our currency which will displace dollar as reserve currency. Americans all broke and in debt and have no gold. China will own majority of gold and will have the strongest economy and a gold-backed yuan. Americans will eat shit and die. Chinese will have rich powerful country. A Chicken Lo Mein in every pot and a dung-cart in every hut.

***C.M.O.S.N.B.E.S. - Common Man On Street No Bullshit Executive Summary