The Never-Ending Bubble Machine
Sorry, I have been lax keeping up with items as of late, particularly this insightful quote from several days ago, via Zero Hedge. It is from Lou Jiwei, Chairman of the China Investment Corp.
"It will not be too bad this year. Both China and America are
addressing bubbles by creating more bubbles and we're just taking
advantage of that. So we can't lose," he said.
Despite the tremendous financial implosion, nothing has really changed.
I am long gold.
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