China. China. China.
This week is proving to be as interesting as I thought it would. ExactPrice right now is showing gold at $1,547.20 and is being kept from $1,500 but I would not be surprised to see it trade over night in over that mark. Silver is $36.44.
I’ve got a lot of links for you to consider today. As the title says, China really popped up a lot to me today. They continue to be the country that I think has a long term plan to squire the yellow metal in a big way.
This is a great short history that I think should be top of you reading today: Lear Capital: China – The Game Changer For Gold
PBOC issues more commemorative coins to meet soaring demands <- Peoples Bank of China.
Pierre Lassonde – Don’t Panic, Buy Some Quality Gold Stocks <- This caught my attention:
And China, the command economy, will continue to grow at 7 to 10% until they have a major hiccup in their banking system which is sure to happen but no one knows when.
The Great Gold Nugget Scam <- Couple of items here worth a look and consideration as the gold bull continues to run.
Russia to Reduce U.S. Debt Holdings <- Do you suppose that decision is a result of their meetings with China?
QE2 was nothing more (or less) than another European bank rescue operation! <- On Ed Steer’s Gold and Silver Daily.
Turd Makes A Move <- Some worthy thoughts from Turd Ferguson here on Gold and Fed and Greece.
Is Gold Flying Under the Radar? <- That’s a Roger.
Indian Gold And Silver Imports Surge By Stunning 500% In May <- Cough, cough. Shazaam!
U.S. Government Totalitarian Creep Continues Plus QE3 All But Assured <- More on the CMC decision.
Man mines diamonds from New York City sidewalks <- Odd and Interesting news item.
Workers build a footpath around the vertiginous slopes of Shifou Mountain in China <- Speaking of odd and interesting and China.