China creates a secret new gold investment

China has gone crazy for gold. A few months earlier, National Geographic Magazine reported that for the first time China had surpassed the U.S. as a buyer of gold jewellery. In a move that has gone almost completely unreported in the Western press, the Chinese government has created a gold investment that could dwarf the returns of gold bullion, ordinary gold stocks, or any other type of gold investment you've heard of before.

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Who Blows the Chinese Bubble?

According to economist Andy Xie, China is trying to prolong its bubble because when the U.S. dollar bottoms — which he thinks will happen a couple of years from now —it will cause money to flow substantially out of China.

 

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Somali Piracy Futures Exchange!

 

It is a lucrative business that has drawn financiers from the Somali diaspora and other nations -- and now the gangs in Haradheere have set up an exchange to manage their investments. One wealthy former pirate named Mohammed say’s “The shares are open to all and everybody can take part, whether personally at sea or on land by providing cash, weapons or useful materials ... we’ve made piracy a community activity.”
 

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