Zero Hedge: Buy. Real. Assets. NOW!
… Zerohedge’s ‘Exhibit A’ comes from the news wires, which reported that Bank of England policymaker Adam Posen sees no way out of the global Kondrateiv Winter other than to now monetize private debt, such as small business loans, automobiles and anything … (The) statements made by the BOE might just as well have come from the Fed, itself, as today’s central bankers no longer step out alone, but work together closely. …
(And China’s approach:) … with gold imports into China up 782 percent for the first four months of 2012, compared with the first four months of 2011 (nearly 1,300 percent for April 2012, YoY), comments made by Wang Xinyou of Agricultural Bank of China Limited seem rather comical, when he told Bloomberg, “We can’t rule out the possibility that the central bank [of China] is buying gold.”
Icliks Incoming 