Saturday, December 6, 2014

Belgium Investigating To Repatriate All Gold Reserves?

Thanks to Koos Jansen for the heads up on this one.

From BullionStar

December 5, 2104. VTM-nieuws reports the Belgium central bank has confirmed it’s investigating to repatriate all its gold reserves.

The Chinese Beverly Hills - Where Chinese Millionaires House their Kids, and Mistresses

From Vocativ

Published on Dec 5, 2014

The town of Arcadia California has gained the nickname "the Chinese Beverly Hills". Peggy Fong Chen, who makes a living selling high priced real estate in Arcadia, says that almost all of her buyers are from mainland China. She also pointed out that almost all of her clients pay for their multi million dollar homes in cash. Many Chinese billionaires buy these homes along with exotic cars for their children who are often sent to American colleges. Others use these mansions are for housing their mistresses. Whatever their reasons may be the Chinese elite are buying up American real estate to the tune of $22 billion last year alone.