Monday, June 24, 2013
Cool, you could store your bitcoins in your tummy....."Hey John have you put on weight over the holidays?....oh no I just added to my bitcoin holdings". Although rubbing tummies with strangers to effect a transfer could be a bit awkward.
Kudlow: I like to see gold falling. I'm not sure I like to see it falling fast. It's a long way down and maybe it's gone to a thousand bucks. I have no idea, but if you have a combination of a stable king dollar or even a stronger king dollar and falling gold prices, what would that tell you?
Yes that is right you have no idea. As to what it tells you it means that Westerners are believing the BS from B.S. Bernanke whilst Chinese and Indians are queuing to buy gold while it is still on sale.
Concerns about China’s economy intensified Thursday after a private measure of manufacturing came in at its lowest level in nine months. The HSBC/Markit flash China PMI survey also featured a steep drop in new export orders, indicating China is suffering from global weakness, notably in Europe.
Click on the pic to access the Yahoo video
"If you believe that [Bernanke] means what he says, then you believe in Father Christmas." "we are going to see QE99," "the S&P could drop 20-30%from the recent highs - easily." "The only thing that I know is that I want to own some physical gold because I don't want all of my assets in financial assets." ~ Marc Farber