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Chinese Inflation Now Officially at 5.4%
Posted: Mon Apr 18, 2011 7:52 am
by Gumby
As if there weren't already enough reasons to own Gold:
Soaring Inflation Poses Risks Beyond China’s Borders
Re: Chinese Inflation Now Officially at 5.4%
Posted: Mon Apr 18, 2011 8:55 am
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.
Re: Chinese Inflation Now Officially at 5.4%
Posted: Mon Apr 18, 2011 10:08 am
by clacy
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%
Posted: Tue Apr 19, 2011 7:09 pm
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... ?