China Clamps Down on Gold Trading Frenzy

Discussion of the Gold portion of the Permanent Portfolio

Moderator: Global Moderator

Post Reply
jackely

China Clamps Down on Gold Trading Frenzy

Post by jackely »

http://www.cnbc.com/id/45794782
Top
User avatar
dualstow
Executive Member
Executive Member
Posts: 15613
Joined: Wed Oct 27, 2010 10:18 am
Location: searching for the lost Xanadu
Contact:
Contact dualstow

Re: China Clamps Down on Gold Trading Frenzy

Post by dualstow »

The PBOC cited lax management, irregular activities and evidence of illegality which were causing risks to emerge, as the reasons for taking the decision.

I suppose it was bound to happen.
No money in our jackets and our jeans are torn/
your hands are cold but your lips are warm _ . /
Top
Post Reply

Return to “Gold”