Gold – the final bubble, page-146

Hi 23Skidoo and all,

I’m not sure that I would find a guarantee telling me I might get some of my money back all that comforting. Especially when I know they can print as much as they want. So far they tell me this QE and money printing has done little harm; from where I stand I can’t see it has done much good either.

I have no doubt that one day we will see the inflation genie out of his bottle.

I spoke to a mate over the weekend he is married to a Russian lady that likes to keep in touch with what’s going on in Russia. Interesting (Link) to see the Russian slant on the Chinese gold holdings.

http://english.pravda.ru/business/finance/15-05-2015/130611-china_gold_dollar-0/

Of course I am always very cautious about what I see and read in the western media so there is no way I can vouch for any accuracy in the above linked article. However; if there is anything to this one can understand why the USA is so upset about Australia and other countries signing up to the new Asian (Chinese) Infrastructure Investment Bank!

http://www.news.com.au/national/bre...up-to-china-bank/story-e6frfku9-1227283203451

We certainly live in interesting times.

Cheers and very best regards: Andy