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Global economic collapse for dummies.....

By: faul in ALEA | Recommend this post (0)
Tue, 05 Jun 12 10:02 PM | 83 view(s)
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Msg. 08331 of 54959
(This msg. is a reply to 08330 by Cactus Flower)

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http://www.youtube.com/watch?feature=player_embedded&v=1qoq9jIjpNM


Gold imports to China up 785% the first 4 months of
2012......

"Gold imports by mainland China from Hong Kong climbed 65 percent to a record in April, advancing for a third straight month as investors sought a hedge against financial-market turmoil and an economic slowdown. Shipments totaled 103,644.5 kilograms (103.6 metric tons) in the month from 62,913 kilograms in March, according to export data from the Census and Statistics Department of the Hong Kong government today. In the first four months, imports were 239,174 kilograms from 27,114 kilograms a year earlier, according to Bloomberg calculations. China doesn’t publish such figures." In other words: in the first four months of 2012 Chinese purchases have increased by an unprecedented 782% over 2011."

Doma.


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The above is a reply to the following message:
For myself
By: Cactus Flower
in ALEA
Tue, 05 Jun 12 9:51 PM
Msg. 08330 of 54959

when I post guesses, I make sure folks know the uncertainty is present.

And I try to frame the uncertainties so other folks can use them to make up their own minds.

I worry when folks attach themselves to a post that merely expresses my hopes.

And I will correct them if I think they are excessively optimistic. This isn't popular. But it expresses my sense of what reality looks like. It has its warts.



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