As if there weren't already enough reasons to own Gold:
Soaring Inflation Poses Risks Beyond China’s Borders
Chinese Inflation Now Officially at 5.4%
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Chinese Inflation Now Officially at 5.4%
Last edited by Gumby on Mon Apr 18, 2011 7:54 am, edited 1 time in total.
Nothing I say should be construed as advice or expertise. I am only sharing opinions which may or may not be applicable in any given case.
Re: Chinese Inflation Now Officially at 5.4%
When the Chinese real estate market starts to fall apart, all those Chinese looking for something safer than real estate are probably going to want to own gold.
That's going to create crazy demand.
The Chinese government is already encouraging people to buy gold.
That's going to create crazy demand.
The Chinese government is already encouraging people to buy gold.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Chinese Inflation Now Officially at 5.4%
We don't export manufactured goods like we used to, but we sure do export inflation well!!! 

Re: Chinese Inflation Now Officially at 5.4%
Once inflation starts to really take-off in China, then Chinese products will become more expensive for us, right?
Will we then start to see manufacturing return to America? Or will it just hop over to Vietnam, India, etc... ?
Will we then start to see manufacturing return to America? Or will it just hop over to Vietnam, India, etc... ?
"Now remember, when things look bad and it looks like you're not gonna make it, then you gotta get mean. I mean plumb, mad-dog mean. 'Cause if you lose your head and you give up then you neither live nor win. That's just the way it is. "