GOLD 0.51% $1,391.7 gold futures

Quite amasing we are talking a tiny amount of $50Bln of reserves...

  1. 4,486 Posts.
    Quite amasing we are talking a tiny amount of $50Bln of reserves to fund infrastructure in Asia/Pac. I'm sure US are scared of the influence China will have on small & developing countries. Surely with someone like Australia on board it would actually act as a moderator (well probably thinking a government without Abbott) & assist with a Western influence. Whilst mature countries growth rates stumble, surely this could only be a good thing. Stuff the US & their bloody minded foreign policy I say.
    Australia needs to find a way to work with China & not just be at the bidding of the US.
    What do they say about backing the right horse & all.
    Me, I would have a bet either way.
 
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