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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.27-0.2%Nov 21 4:00 PM EST

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To: Arran Yuan who wrote (62081)3/19/2010 12:07:08 AM
From: TobagoJack4 Recommendations  Read Replies (1) of 217986
 
faithful folks should soon have more to buy less gold, just in in-tray, and i quote

A few salient points to add to the SMCP story (front page biz) on min wage rising 21% in Guangdong:

-- Many Guangdong factories already paying double this...

-- Many workers (seasonal) not coming back to many jobs as they can enjoy subsidies at home

-- Shanghai area will also likely have production shortfall (pollution control, wages...)

-- Comments this week at shanghai port conference to effect some freight may be coming off a little


i find it amusing that the academics and wastrel krugmans and moronic obama's are talking out of the both sides of their mouth, that (i) china is in midst of biblical bubble, to pop and crash, and (ii) china currency is under-valued by 40% and must be reset

they will soon have to make up their idiotic minds on what they actually believe, either or but not and, of the two extremes
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