Saturday, March 12, 2011

Inflation in China Keeps Climbing

~ and some commentators are still surprised by China's record imports of gold & silver, saving in fiat currency, whether US$ or Yuan in an inflationary environment results in a lose of purchasing power. The higher the inflation rate in China the greater the rate of their high levels of personal savings will be converted into wealth preservers such as gold & silver. Even the Chinese govt. tells the people this.




No comments:

Post a Comment