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Providing members an opportunity to achieve "Financial Benefits," one member at a time. Building a team of leaders who understand the value of training their down-line to use my Carbon Copy System that l have in place. l also enjoy sharing articles that will have a benefit on your mindset. Allowing us all that we can achieve anything our minds think. Read some of them you will understand that we all have incredible ability for our future success...

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Is China Getting a Free Ride from Central Banks?

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Posted 16th December 2013 at 10:03 AM by jfbmarketing

December 16, 2013

Gold is, and has been for thousands of years the best insurance against inflation, or deflation. I would much rather own gold then invest in government bonds, high-yield bonds or equities. With the uncertainty of whether deflation was to pass, it would only stimulate governments to print more money globally.

China is taking full advantage, and has been buying as much gold as it can get its hands on. At last count gold imports from Hong Kong year to date was just over 1,113 tons, doubling from the previous year at this exact time last year.

Many experts are starting to blame those Western central banks, especially the Federal Reserve and the European Central Bank (ECB). Many analysts are pointing fingers that central bankers are desperate to salvage their fiat currencies and eliminate competition as "monetary authorities."

All the Best,

Joseph F. Botelho

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