Dienstag, 9. März 2010

Top Foreign Exchange Manager: China will be prudent in buying gold



I would call this already a war between the US and China.The US government is creating unprecedented amounts of debt, that can ‘never be paid back’, according to Ron Paul. Of course he is correct.The Fed monetized 80% of government debt last year, according to PIMCO’s Bill Gross. The Fed created that money out of [...] continue reading the breaking news

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