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My short and indirect answer is this- I believe the world is fortunate that Communism has been in control of China for so long. They are an enterprising and intelligent people. Their drive for gain is unequaled. Just imagine a resourseful ,Democratic and determined nation of 1.4 billion, with each individual given capitalist freedom. The communist government there is slowly pulling the stops out -with a free market economy. We are seeing the results now, the controls can't stay in place much longer. The Chinese are buying into foreign mining companies and buying up huge mineral leases in a scale that's hard to describe. There are 350 million middle class there and they traditionally like to show their wealth in Gold. The government has recently lifted the possession limit from 3 ounces to unlimited. Watch out world!

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17y ago

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