This circus is getting more hilarious by the day if it was not so tragic. Chinese are not lost in translation this time and whatever President Obama dreams about Debt and how it is not increasing with the increasing Debt Ceiling, they are just buying Gold.
"While a lot of people are still wondering why the Gold is beaten down again, it is important to keep the big picture in front of you. As it is happening with Copper now the main player in this market is the same - China is on track to implement state level plan to diversify US Dollar based assets.
We would like to share with you brilliant report conducted by Jan Skoyles on this subject."