Read in the Weekend AFR that the Chinese are piling into gold at shops, 2-3x as much as a few months ago. Apparently food is being hoarded as inflation surges. They're not stupid, they know gold will protect them against rampant inflation. Look at ours. Have u seen the real inflation rate on water, power, rates, interest rates, regos etc? Bet it's a tad more than the official 2.5%, har har! I heard Swannie saying we'd created 750,000 jobs under Labor since 2007, whoopi-do, trouble is they never mention a million were lost in the GFC. That's why our official unemployment rate is lower now! har har! Manipulated or not, when the panic sets in and there's a gold frenzy on, matter of time, no short-selling big Wall St bank will be able to ramp down the POG. They'll be too busy going belly up... thanks for reading the rave, cheers
