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Rickards said around 1% in his project prophecy last year...

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Forged

12,650 Posts.

138

30/03/17

10:59

Post #: 23732997
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Originally posted by 23skidoo ↑

forged, no-one in the know, including Rickards, believes China'a official gold figures. China's massive buying from the rest of the world plus it is the largest producer, make the official figure ridiculous. Therefore the 1% of GDP is quite fallacious and ridiculous.
Therefore your "next decade if not more" of Chinese accumulation is probably well off the mark.
It also assumes that the status quo will last that long, another unsupportable assumption.
I doubt that many here think the current severely damaged economic system has even a small fraction of a decade left in it.
23.

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Rickards said around 1% in his project prophecy last year broadcast. He's the guru isn't he?
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0 Great analysis

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