imho guys, it's quite simple; the Chinese have wisened up & are...

imho guys, it's quite simple; the Chinese have wisened up & are strengthening what was their major weakness. this weakness for a long time has been the financials factor. they've been great at churning out low end consumer goods, but not so good with financials. many may say the huge USD reserves prove this.

now they realise that they have a huge load of paper that may well turn into 3 ply toilet paper (USD of course). so, they figure, buy up assets like resource companies at rock bottom prices, & hand their owners this paper in exchange for these companies & assets, before it devalues into 3 ply toilet paper.

how this will affect pog. too many possible outcomes. best one depends on China buying up gold reserves.