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overtheedge
Member since May 2012
680 commentaries - 6 followers
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has posted a comment on the article :
>Shanghai starts night trading for gold and silver futures July 5 - Chris Powell - GATA
"There are plenty of other ways to hedge and to make money, such as bond and stocks. ... Gold can't generate returns, so why do we so care about gold pricing power?" Mr. Chen said.

Chen Zhiwu, a finance professor at the Yale School of Management
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Ah yes, one of the instructors in advanced goat entrails reading proves his in-depth knowledge of Chinese investing when he fails to mention the collateral value of gold for obtaining financing.

I think this chevon has gone bad.


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4154 days ago
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Beginning of the headline :Goodbye to the old East-West arbitrage? * * * Gold Standard? China Doesn't Set It By Yue Li The Wall Street Journal Sunday, June 30, 3013 http://blogs.wsj.com/chinarealtime/2013/06/30/gold-standard-china-doesnt... As global gold prices on Friday recorded their worst quarter since the start of modern gold trading in 1974, industry experts in Shanghai were talking about China's efforts to have a say in global gold prices -- and whether the efforts are having an impact. China is the world's largest... Read More
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