Just imagine getting 50000 orders out of China each day.

There is a bright future there for all of us I would say.


Kind regards,

Michael Moore
[EMAIL PROTECTED]
http://www.gold-today.com
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----- Original Message -----
From: "Bob" <[EMAIL PROTECTED]>
To: "e-gold Discussion" <[EMAIL PROTECTED]>
Sent: Monday, September 11, 2000 2:55 AM
Subject: [e-gold-list] China/Freedom



> From the Sept.6, '00 issue of IBD:
>
> "China Plans To Relax Controls On Currency Lending, Deposits"
>
> "It would be a first step toward allowing
> free trading in the Chinese yuan. A
> directive issued Tuesday by the People's
> Bank of China gives greater influence to
> international market conditions in setting
> lending rates and allows banks greater say
> in determining deposit rates. Although the
> reforms, which take effect Sept. 21, won't
> make it easier to borrow foreign exchange,
> they will remove an incentive that has pushed
> precious hard currency into higher-yielding
> offshore bank accounts."
>
> Another micro positive change going on in the world.
> As bad as things are getting in the US, Canada,
> Western Europe and Australia, there could be a net
> increase going on of freedom in the world.
> A plus for e-gold.
>
> ---
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