Bank of England Governor Mervyn King and his Chinese counterpart Zhou Xiaochuan agreed to a three-year currency swap line to promote financial stability and aid trade between China and Britain.
By the way, do you know an amateur economicist 宋鸿兵? Your theory sounds like a subset of his. Keep in mind, 宋鸿兵 is a very amateur self-titled economist.
iamhereforfun2 发表评论于
hercules007; May I humbly ask you --- Have any of your family, relatives, or friends listened to you to buy gold last March ? Do you feel guilty for those innocent people who listened to you and bought GOLD in last March ??
iamhereforfun2 发表评论于
Another response from you --
happy to hear any specific questions/rebukes from you.
Make your contribution and show to readers the flaws in my post.
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I hope you have improved to see your own "flaws" by yourself now without help...
iamhereforfun2 发表评论于
hercules007, below is the our conversation on 3-22-2012, See how you responded to my challenging questions. You were 100% sure GOLD price would continue to jump to the moon...
see full content from
http://www.wenxuecity.com/bbs/archive/2012/tzlc/393748.html
iamhereforfun2: "Moving forward, there is no guarantee it will keep going up, and it may even go down."
hercules007 :Trust me!
iamhereforfun2: Do you think it is a good idea to buy it NOW ?
hercules007 :Yes!
iamhereforfun2: "What makes you so confident it will keep going up ?"
hercules007 :There is NO solution to the debt problem that doesn't have consequences, and the consequences all lead to either currency devaluation or total monetary system collapse.
imhereforfun2: "Talking about its future it is 50/50 chance"
hercules007: A theoretical truism, but a lazy excuse for a market participant.
iamhereforfun2 发表评论于
About 15 months ago (March 2012), you and me discussed whether it was a good time to buy GOLD at that time. I told you it was bad idea to buy at that high price and told you it would drop. But you insisted it was smart to buy at that time. Please revisit the link below and you can see how naïve and stupid you are about GOLD. From that moment I promised myself Time will prove who is right, and I will ensure you hear from me. Any idiot can get a much much better deal on GOLD compared with 15 months ago. It is an instant 30% difference within 15 months !!
