http://online.wsj.com/article/SB10000872396390443324404577594591984049830.html
this explains china and also talks of shrinking funds in their central bank.
you'd think they'd sell some of the us debt they have and buy gold, but then they would slaughter the only market they are exporting to of any note.
so they are in a bit of a pickle, crush your customers buying power, or sit tight and hope the US dont print to oblivion. they will need more exposure to bullion if the dollar does collaps
oh and youa re welcome for the music link, just having a bit of fun with you and im glad you took it that way.
- Forums
- Commodities
- GOLD
- gold chat
gold chat, page-234
-
- There are more pages in this discussion • 194 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)