AuCanary GoldWisdom

For thousands of years Precious Metals (PM) such as Gold (Au) and Silver (Ag) have been utilized as real money for exchange, wealth store, and metric of value. While I am NOT an advocate of one single commodity backing our money (like a gold standard), I do believe that the price trend of PMs are the most important indicators of the value of fiat money, plus the crimes of corrupt banking corporations and governments that manipulate PM prices. The "Canary in the coal mine" is Gold - AuCanary.

Gold Buying in China Jumps as Inflation Flares, Boosting Demand, UBS Says - Bloomberg

Bloomberg - Kim Kyoungwha, Mar. 2, 2011

Gold purchases in China, the world’s largest producer, climbed to 200 metric tons in the first two months of 2011 as faster inflation boosted consumer demand, according to UBS AG, which said the price may gain to $1,500.

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Today's FINVIZ 5 Minute Charts - (for other charts go to the bottom of this page)

Gold Buying in China Jumps as Inflation Flares, Boosting Demand, UBS Says - Bloomberg

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