China moves forward in opening Gold market. Retarded American Congress playing Chicken little with " fiscal cliff"

Guys.... sometimes I believe China controls our politicians here at the western "democracies".
I can´t believe what our retarded and corrupt politicians are doing .
Let´s take our country, Argentina. A very rich country. It was as rich as the USA ( GDP per capita almost 85% at the beginning of the 20th century)
They have banned foreign currency sales. So we have only local argentinian pesos ( inflatio rate +20% here) ...so go figure.

Now in Washington they are playing stupid and retarded with fiscal cliff. They are risking to lose AAA ratings. And they are risking to impoverish America even faster with their stupid political games...
Are they retarded? Nop. They are just playing "chicken little to maximize political and economic profits for themselves".

This is what I can see from South America: most of politicians are corrupt. And Western democracies have failed because We the sheeple don´t want to take charge of our life.we are so selfish.so we let the "elites" take control of the world. It is really that simple.

Now look china:

China Moves Forward in Opening Gold Market

China will allow over-the-counter gold trading between banks for the first time Monday, a significant financial reform for the world’s second-largest buyer of the precious metal.

The move reflects the Chinese government’s latest effort to develop Shanghai into a major gold trading center, and mirrors similar developments in the country’s currency and oil markets.



more:
[link to blogs.wsj.com]


They are not stupid.


My view: gold and silver may keep weak for some time. After that you can jump all in again . REad my previous recommendation and huge buy signal when i said "Load the truck with silver for 26".
Now it is time to get cautious and neutral.
US government and US economy is getting ready to go down is one of my favourite scenarios.
So be cautious big time with your money.

Then, I believe gold and silver may skyrocket again.


I 've launched my ebook about how to invest in precious metals in Spanish. I look forward to meet partners to launch it in the USA . I need translation, publishing and advertising. Any insights will be extremely welcome.

Thanks.


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And THIS, is GODLIKEPRODUCTIONS.COM




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