AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

Mutek provides an essential platform for 150 performers to showcase forward-thinking electronic music programming and new media to more than 25,000 attendees
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Message: China now in control of gold price; encouraging their masses to buy gold

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

rodg45

Rank: [?]

President

Points: [?]

5030

Rating: [?]

Votes: 207 Score: 3.5

Currently 3.6/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

China now in control of gold price; encouraging their masses to buy gold

posted on Sep 12, 09 07:30AM

I just read two extremely interesting articles from the Mineweb site. These indicate that the western powers' gold cartel has lost power to negatively affect the gold price. China is now in the driver's seat and are touting gold as an investment vehicle to their masses, inducing ever more buying of the metal. The days of downward price manipulation of the yellow metal appear to be over.

Here are the links to the two articles. There are other articles linked within each of these articles. If you hover your mouse-pointer over some of the text, you will see it become underlined as an active link to the other articles.

One article is entitled China can no longer afford to let gold or silver price slump.

The other is entitled China's immense, and growing, impact on the global gold market.

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »