GOLD 0.51% $1,391.7 gold futures

sell on the bounce, page-90

  1. cya
    3,836 Posts.
    SP Your hilarious

    I didnt say they had not right or almost any of what you claimed :)

    I first went to China in 1981, since then I have been there over say 50 times(probably more I have lost count), in the last 10 years I have managed many US companies entering into the Chinese markets. I have hundreds of Chinese contacts right across Asia.

    My point of view comes from what I have seen with my own eyes not Jim Sinclair or anyone else , I probably have as many Chinese friends and have been there as much as nearly anyone on HC. I have spent decades flying all over Asia meeting with senior executive of banks, insurance and utility companies , as well senior bureaucrats in government departments across 5-6 countries, each of which I have visited just as many times

    The western medias perspective of China is BS, they are building massive over capacity which wont be utilized for years, yes the miracle has gone a long way so far but IMO it cant last.

    The reality is that much of the Chinese system is built upon a fixed exchange rate, they are printing money at 5 times the rate of the folks you rally against.

    If printing money is going to ruin the Americans then god help the Chinese .

    So yeah sure what would I know? :)

    Give me a bbreak SP just ease up a bit , knowing more than everyone else all the time is a tough gig

 
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