Guest Post: Thinking Through The Implications Of A Chinese Bubble …
A Chinese crash would lead to a slow down in the growth of Chinese manufacturing, a slow down in the price cuts on manufactured good, which would lead to a reduction in the suppression of the CPI ending the ability of the central monetary … I don’t think $xx,xxx is a realistic price for gold. All the gold ever mined still exists in some form (mostly Jewelry). Less than 20% of total gold is held by central banks and Governments. At those prices the shadow reserve of gold …
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