Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

$50,000 for Chinese gold medalists

by Tony Sagami on August 26, 2008

in Asian Market, Investing in Gold Stock, Stock Market in China

Each Chinese gold medalist will receive a US$50,000 cashprize. Let me tell you, $50,000 is a ton of money in China.

This payment isn’t new either. China paid roughly halfthat amount for gold at the 2004 Athens Olympics.

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