Would you be prepared to wait 1000 days then? I don't think it will take that long frankly.
China is already the world's number one gold producer and the gold doesn't leave China. I feel certain they will start moving on grossly undervalued deposits in grossly undervalued Australian stocks before long.
They quietly bought a large chunk of CRK's offshoot CNK. They'll own most of that before long. China imported a huge amount of Australian gold in the 19th century. There's a strong and ancient affinity between Chinese and gold. There's also a strong traditional link between Australia and China.
I'll be interested to sit and watch the action. I suspect a lot of it will be quite discreet.
- Forums
- ASX - By Stock
- china can drop the usd and make gold soar
Would you be prepared to wait 1000 days then? I don't think it...
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online