China To Buy $80 Billion Worth Of Gold
Here’s a news clip from nearly 4 weeks ago, about how and why China is moving away from US denominated assets and buying tons of gold instead. It looks like the Chinese believe there’s a threat of inflation looming.
Now there’s absolutely no reason to mimic the investment strategies of one of the world’s largest creditors to the USA, but if you think they’re doing a good job of managing their economy you might want to give it some thought.
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- Bad Day For The Dollar - Great For Retailers! Today was black friday and atleast in San Diego it seemed like everyone was out shopping like its going out of style. The local best buy had great deals on TVs. A buddy picked up 2 flat screens. One 32" LCD HDTV for $475 [after a $400 discount] & another......
- Why Jim Rogers Hates Investing In India Here's an excerpt from a recent interview with Jim Rogers on why he prefers investing in China over India. High oil prices, inflation, food prices etc have hit countries like India very hard. How should counties like India tackle the situation? ⢠Inflation affects everyone. Not just India. We pay......
-
The World's Most Expensive Gold Coin China just released a 10 Kilo Gold Coin to commemorate the 2008 Olympics that are currently being held in Beijing. 10 kilos of .9999 Fine gold is a staggering 321 ounces, more than 22 pounds and its more than a half foot in diameter! Not only is it the largest......
Related Websites
- Investing Rules of Thumb One of the biggest rules of thumb that you can keep in mind when it comes to investing is to look at three different variables in everything that you do. These three variables are liquidity, risk and returns. Liquidity is how fast or how easily you can convert an investment......
- Questions To Ask Your Financial Planner..... Greetings from the metropolis of Cedar Crest, NM! Today's post comes from a question from a friend of mine. It is a detour from real estate, but like most of us, we have investments in different types of vehicles....stocks and mutual funds for example. So...I thought this may be......
- Low Risk Commodity Investing for Inflation Protection Most investors know that gold and other precious metals have a reputation as an inflation hedge. Actually, commodities in general are an asset that baby boomers and retirees should consider owning to protect against significant inflation damage. The problem is that commodities are known to be volatile. The good part......
[All content is copyright of Living Off Dividends & Passive Income]
Leave a Reply