Looks like China preparing for inflation

While the US is preparing to inflate, while deflating income, leaving it’s people out in the cold, Chinas going the other way.
Inflation fighting measures ordered for China
The US News
Monday 22nd November, 2010  

China has announced more measures to reduce inflation by pulling in rising commodity prices.

Rapidly rising inflation in the country has caused concern to China’s government, with Cabinet ministers deciding on the weekend to order local governments to boost agricultural production, stabilise supplies and reduce prices.

Xinhua has reported the government released a document also instructing local officials to ensure oil, gas, coal and power supplies were sufficient.

The official press agency also said there were orders issued for local councils to coordinate social-security programmes to provide a gradual rise in basic pensions, unemployment insurance and minimum wages.

Consumer prices have risen at the fastest pace in China in two years, fuelled by soaring food costs.

The nation’s consumer price index rose 4.4 percent year-on-year in October.

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Richard640

I was using Net Dania Forex which shows a high of 27.73. Thanks!! :o)

Adults ONLY!

www.youtube.com/watch?v=joIxWcFO3bY&feature=player_embedded

silverngold-I’ve got real time quotes via my RJO platform-the high for dec silver

was 27.87—last trade 27.60

That’s why we have Julia Gillard.

She doesn’t use make up. But even if she did, what’s that saying about putting lipstick on a pig?

The reason there are so few female politicians is that it is too much trouble to put makeup on two faces.

Politics is the gentle art of getting votes from the poor and campaign funds from the rich by promising to protect each from the other! 

Politicians say they are beafing up the economy, but they don’t know beef from pork!

A politician is a person who is willing to lay down your life for his country

The problem with political jokes is that they keep getting elected!

Richard640…. Silver

Are you sure you’re not picking up Thursdays silver closing price?? I show Thursday closed at $26.99 and Friday closed at $27.35, with the high so far today of $27.73. That’s only up a max so far of $.38

 You’ve got me confused, which is not all that unusual for me!! :o)    ???

Very big volume in silver-huge actually-for a night session

This indicates that the next two days could be historic-as the two well funded sides-the shorts and the longs-fight it out over options expiration-silver up 36 but 30 cents off the high–gold up $7

Buygold1 @ 20:49 pm

heavy              nuke1.jpg

floridagold re: Palm Beach Airport

 As long as we have people that think like this, the U.S. is hopeless. Talking about patdowns and scanners:

“I think while there might be some minimal risk, I think the tradeoff is very much warranted,” traveler Michael Guthrie said. “I am much more concerned about the risk to myself and my fellow travelers from being exposed to an event, a terrorist event.”

Hi kids…silver frozen in place=27.71 up 53-gold up $8…bye kids…


Mike Swanson on TSA..

www.wallstreetwindow.com/post/tsa-agents-strip-search-little-boy-mike-swanson-112110

admin LOL.

We had one for the first time in Europe last month. Worked brilliantly everywhere - until we came to take the car back (it was a built in version). Would not locate the town, or the street, or the Holiday Inn where we had to return it. Obscure cul-de-sacs in Rochdale, miniscule back roads in unheard of villages in Brittany, through cobbled streets in Hofgeismar - no worries. Moderate sized town near Frankfurt - ?????

admin @ 19:41 pm

Glad you made it there and back without losing the keys to the Tent!  Ooooops, guess we don’t have keys - only flaps.  Sounds like everyone had a good weekend visit and it’s great to hear that Fully’s Mom is doing better!  :-)

ferret

today the thing took me back home through the thruways? I didn’t touch it between Friday and today.

The salesman for the thing said that it understood traffic patterns? No traffic very early today.

admin, you know that some Garmins can be programmed to avoid the thruways?


North Great Poem “Here’s to Audept”…at 9 AM ish

…saved at Goldtent Rocks

And yes,

I had been forgetting/losing things all weekend.

Keys for my prime car on Friday morning.

A good antenna for my son’s car.

Decent maps to go with a new and mischevious Garmin GPS. - the one that took me all around mid state NY on the backroads and then downtown buffalo, instead of the thruways.

Both sets of goldtent logins/passwords.

Tooth brush and shaver. (Thank you for the tooth brush :) )

So it only seems fitting that I forget that little thing in your truck.

Fully,

Please do not attempt to mail that behemouth…hopefully someone can actually use that thing around there?

If not, the trash is ok…

Still into the abacus home here as well you know.

The $ keeps falling and G&S keep falling off their highs too…see what I mean?-anyway, if G&S can

hold any gains at all for the next 2 days, it will be a great victory-since Tuesday is the huge Dec, options expiration.

Admin….glad you made it safe and sound

…..you forgot your calculater in the truck

…..I’ll mail it out if you want….would be a nice xmas present…

:)

27.87 up 69 is the high for silver but the last trade was 27.72-gold is frozen in place at 1358.80 up 6.30


Wow - this weekend went by like a blurr…

First and foremost, while we are not 100% out of the woods yet, we were all very relieved to learn that Fullgoldcrown’s mom was showing significant recovery after a huge scare last Friday night. The thoughts and prayers displayed here were incredible and I will tell you that Fully was significantly touched by the well wishes of the great posters here.

An evening with 2 of the best chartists (Grin and North) along with Warren was like a goldbug’s dream. I never knew all the complexities that contribute to the placement of a viable trend line. It’s definitely an art form! Warren has a wealth of experience. We talked about many precious metals stocks, the signicance of some 10 to 1 reverse splits coming down, the chilling 2008 fall draw down…the one that violated all trend lines to the bottom. Thanks you guys for making the trip and making this a memorable night! Looked down at the watch and saw that we were approaching midnight…couldn’t believe how the time had flown by. Lot’s of Precious Metals Investing learned by myself. A night was made special when Fully called late and gave the four of us an inkling and some hope that things were looking better for his mom…after what had been termed earlier — a disastrous start.

And a special thanks to Fully for being the ultimate host, even in the very unnerving circumstances.

Shared content is what makes this site so unique and the best gall darn precious metals investing site on the web. BAR NONE!

Silver !

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Gold stopped cold at the key 1360 line…