Comments on: Government Counterfeiting

By: Dennis (EU)

Dennis (EU) — Sat, 09 May 2009 10:04:15 +0000

Scams all around the world, including China. All in attempts to restore confidence and buying time. Why not be honest? Simply because it is too late to be honest. In the nineties the party was too good to end – like ending sex just before orgasm; early 3rd millenium it was too late to end – like killing a hopeless patient premature.
So now Treasuries are plundered all around the world to keep the balloons inflated a little bit longer.

By: JMR ManDribble

JMR ManDribble — Sat, 09 May 2009 06:50:54 +0000

I swear I saw fireworks at the Olympics! Above the bird’s nest! On my TV screen! It was beautiful!…

But nothing like my gold, in my fingers, there… happy. Nothing like my gold.

Take yur bonds. Sell out now, pidgeon. You can’t even wipe with an electronic certificate.

Can’t argue with that.

By: nincompoop

nincompoop — Sat, 09 May 2009 00:27:58 +0000

In my opinion there are two things governments and central banks fear the most, one is as you point out a rise in interest rates. The other is a rise in the price of gold. All their efforts will be focused on preventing either of these two things from happening. The reason is a rise in either of these two things causes an exit from the stock market unless firms begin to pay meaning full dividends. Paying meaningfull dividends means they no longer have the use of interest free money.

By: David Stephens

David Stephens — Fri, 08 May 2009 21:40:27 +0000

You might want to check you Chinese geography. “Chinese provinces of Shenzhen, Guangzhou, or Dongguan ” are in fact cities, not provinces.

Also, “Wen Zhou” is a city, not a province.

Overall, I enjoy your columns everday and look forward to you continued work.

Regards,

David