A top Communist Party research chief said Thursday that China should buy gold and U.S. real estate rather than Treasurys, according to a Reuters report.
Li Lianzhong, who is head of economics at the party’s policy research office, said the U.S. dollar is poised for a fall, making gold and land better investments for China’s $1.95 trillion in foreign exchange reserves, the report said…
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Filed under: Business Tagged: | Business, China, depression, dollar, economics, euro Jewish Supremacism, gold, recession, silver
This is no surprise development and this was discussed by me at my blogsite http://www.krsnakhandelwal.wordpress.com in detail on number of accassions. I may also tell this is not something that should be taken non-seriously as overdone these matter make for war.