a possible scenario ?!?, page-27

Hi all,

for those wondering why the price of gold is rising and likely to stay high,may i suggest you search the latest wiki leak concerning US /GOLD/CHINA/US PRICE SUPPRESSION.

Basically US cable confirming CHINA is aware US has been deliberately suppressing the price of gold below production costs to ensure there is NO COMPETITION to the $US as a alternative global currency for some years.

A statement china's reserves are not just the 650 ton held (majority of which was overseas),but over 1300 ton and that since APRIL 2010 China has been actively buying and instead of storing the gold overseas as has been prior practice is now transfering new purchases to CHINA.

Also search JINJING mining directors mention in 2009 that within 3yrs chinese gold production is expected to fall.

DYOR-suggest you read buffetology(the origional white covered copy)not the sanitised second edition.To quote in my words
"inflation is the theft from the people by the government,by the printing of worthless money and spending it at full value,before the effect of the extra funds in circulation cause the money value of everything to rise in compensation"

DYOR