TSXV:AXM.H - Post by User
Post by
wildman2on May 22, 2011 10:05am
269 Views
Post# 18612299
Be on China's side.
Be on China's side.You want to follow the money. Don't listen to what China is doing. Follow what China is doing. They are the ones with the money. Many others are in debt.
Last year China said gold was in a bubble and too expensive, and yet look what they did in the last year.
https://www.commodities-now.com/news/metals-and-mining/6323-asian-tiger-sinks-teeth-into-gold.html
yet even with these purchases, China has among the lowest reserves in the world. This will only get to be a much better story for gold.
China buying gold and selling u.s. treasuries.
Get on Paulson's train. He's got it right.