Quote:
Originally Posted by Omaroo
I really hope that I "gobble gobble" all the way home because I'm wrong Matt. I really do.  |
I don't think China will allow your Armagedon to happen. And since every country is trying their best to avoid recession, were in for a long haul inflatory period (Japan's only now climbing out of a 20 year recession). Give inflation 2-3 years to build up.
I believe what we're seeing is related to China backing off on bonds and greenback buying now, as well as another surge of wealth into the Aisan markets. This trend of China gobbling up as much primary assets that come available has the markets, as always, focusing on the money trail. They are most definately at the helm.
The US, on the other hand, are scrambling to create yet another bubble...carbon trading...and are applying the screws.
As there doesn't seem to be a safe, sure bet in sight to place your money. Prescious metals should climb progressively.
And for those who don't believe China's at the helm, well, this is the first time I have EVER seen Chinese diplomats shaking hands and smiling. What does that say?!