China should buy gold to hedge against US dollar decline

A senior researcher in the ruling Chinese communist party has stated they should buy gold instead of US Treasuries as the US are printing money and so the dollar will fall and gold will be the better long term bet.  Given that China is the largest holder of US Treasuries with over $750 Billion, this comment is worth taking notice of.  While they won’t dump their treasuries in one hit - as this would be akin to shooting themselves in the foot - it is likely we will see them steadily buying more and more natural resources including gold.  Full article is here.

Germany has gold bullion vending machines

Germany recalls the 1920’s Weimar hyperinflation.  The average German now has access to Gold coins and bars via vending machines in locations such as Frankfurt Airport.  Click here for the full article…