GREY:SXRZF - Post by User
Post by
308Uon Jun 14, 2011 1:42am
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Post# 18710700
China's inflation
China's inflationChina's way over estimate of 4% = bullish for gold.
Xuaxi...a village in china...all the houses are above 1 million on average...with each house has a mercedes and/or a bmw. Rest of China wants the same....one has to ask the question....where will all the electricity come from....they want to be have the same or better standards to their counterparts in the west.
Could be a long summer for bag holders, but could be a boon for those of us who have been patiently sitting on the sidelines! My gut feeling is that we are very close to the bottom and there could be a short squeeze in the very very near future. I'm very tempted to load up tomorrow.....what to do!?....