Chinese Inflation Now Officially at 5.4%

Discussion of the Gold portion of the Permanent Portfolio

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Gumby
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Chinese Inflation Now Officially at 5.4%

Post by Gumby »

As if there weren't already enough reasons to own Gold:

Soaring Inflation Poses Risks Beyond China’s Borders
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.
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MediumTex
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Re: Chinese Inflation Now Officially at 5.4%

Post by MediumTex »

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.
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clacy
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Re: Chinese Inflation Now Officially at 5.4%

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We don't export manufactured goods like we used to, but we sure do export inflation well!!! ;D
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Coffee
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Re: Chinese Inflation Now Officially at 5.4%

Post by Coffee »

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... ?
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