Remember when the Japanese were buying up everything in USA. They are an also-ran country full of geriatrics.
Agree that china is buying in the US because they know their growth is slowing and we are essentially entering a phase of emerging market like growth. The US is now seen as a re-emerging economy as we attract back manufacturing and industry with cheap gas/oil, investment banks willing to lend, and american work ethic and ingenuity (look at silicon valley for 10,000+ examples, look at our university system of breakthrough research, and oddly the NIH for something our gov't does right!)...not Chinese copy cat slave laboring non-innovating assembly line economics. American century just beginning. Sell your gold and invest it in equities just 30-40% through a 7-10 year bull cycle. Gold will fall to the sub $1000 range by xmas. I would be a buyer at $800 again as I was before.
Sentiment: Strong Sell
Below $950 by jan. 2014. Mark it.
Sentiment: Strong Sell
Agree with Motley Fool article that came out before this mini-run-up. DGLD! Way to short.
Sentiment: Strong Sell
MTG will hit $8.50 this week.
Sentiment: Strong Buy
I hope its like Enron. Enron was an elevator straight up for nearly 10 years.
Sentiment: Strong Buy
buy it.