As Thorburn said in a another economic comment (we are entering unknown waters').So the Chinese buy gold,so what?,the yanks devaluing their currency is a master stroke,diluting debt and inflation far away on the horizon
Think about it,gold shares are IMO worthless,and gold is only worth any thing if you have the physical stuff.----but what if no wants to trade in bullion?,gold is heavy,wears a hole in your pocket,government's can confiscate gold more easily than property.
Do you think the PIGS or BRICS care any more?,Na!,gold is an illusion.Look at the Euro,getting its head kicked in--its the land,property,that's the commodity---a commodity that can't be produced. If you don't think so look at the sovereign land claims going on in China,not only the local population being pushed out,Tibet,Spratley islandswith Vietnam,Phillipines,Japan
Iam waiting for Greenland to make a viking heritage claim on Australia LOL
