Silver/Gold

[rnmenterprises]

5 China Bombshells (from JH's recent newsletter)

1. China announced their central bank increased gold holdings from 400 tonnes to over 1000 tonnes.

2. China announced they might stop exporting all "rare earths". China produces 95% of the world's supply of rare earth metals, which are used in all sorts of high tech products, especially hand held electronics.

3. China announced that they wanted their people to buy silver, because it's cheap.

4. China announced that their "state owned" companies may not have to pay out on derivatives losses.

5. Hong Kong announced they built a "state owned" gold vault, and that they will be taking physical delivery of their London Gold by December, 2009.



WOW. #5 is priming PMs for a huge increase, IMO. Get it while you can, and get physical!