Even More on China and Gold

Yet another article on the influence the Asian elephant could have on gold.

Interesting how it is mentioned that gold is being promoted to the common man in China. (I bet Jim Cramer is giving the ole' bullish 'boo-yeah' to some financial stock as we speak) :

"As recently as 2002, the private ownership of gold was prohibited in China. You could be jailed if caught with any in your possession. Beginning in 2009, in a stunning about-face, the central government removed all restrictions. In fact, as Mineweb and other sources report now it’s actively pushing folks to buy some personal metal, with China's Central Television, the main state-owned television company, running news programs cum[sic] infomercials, letting the public know just how easy it is to purchase gold and silver as an investment."

Article : What The Heck Is Going On With China