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Do you think the price of gold will ever reach down to 1100-1300 USD?
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<p>[QUOTE="ToughCOINS, post: 7073166, member: 20480"]Yes, they have, and I don't like the sort of inorganic growth that fosters, but they could just as easily counter that they do so to compensate for the unfair manipulations of the USD by the Federal Reserve.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>That they could be "ended overnight" is a misguided opinion, and you'd be hard pressed to back that assertion up with facts.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>It's not sweat shops that enable them to make products inexpensively. I traveled there and work shoulder to shoulder with both their office workers and their line workers in very appropriate working conditions, all because we could not affordably manufacture the product stateside. There may be sweat shops in China, but that's most certainly not the reason we cannot compete with them.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Yes, I'm convinced of that too.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>You're right, some stats can't be manipulated . . . but they can be misinterpreted.</p><p><br /></p><p>As more manufacturing business migrates from China to India, Vietnam, Thailand and other attractive labor markets, China is going more upscale, creating more white collar work and surrendering blue collar work where the loss seems inevitable. Reductions in energy consumption likely are due to a shift in the nature of the work being done. China is fast becoming a white collar society, surrendering much manufacturing capacity that does not serve their global ambitions.</p><p><br /></p><p>They are extremely strategic in their goals, and in their execution. They are patiently amassing resources, spreading influence, and undermining those whose views they oppose . . . chiefly the United States of America.</p><p><br /></p><p>Ignore their long, slow, methodical march at your peril.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 7073166, member: 20480"]Yes, they have, and I don't like the sort of inorganic growth that fosters, but they could just as easily counter that they do so to compensate for the unfair manipulations of the USD by the Federal Reserve. That they could be "ended overnight" is a misguided opinion, and you'd be hard pressed to back that assertion up with facts. It's not sweat shops that enable them to make products inexpensively. I traveled there and work shoulder to shoulder with both their office workers and their line workers in very appropriate working conditions, all because we could not affordably manufacture the product stateside. There may be sweat shops in China, but that's most certainly not the reason we cannot compete with them. Yes, I'm convinced of that too. You're right, some stats can't be manipulated . . . but they can be misinterpreted. As more manufacturing business migrates from China to India, Vietnam, Thailand and other attractive labor markets, China is going more upscale, creating more white collar work and surrendering blue collar work where the loss seems inevitable. Reductions in energy consumption likely are due to a shift in the nature of the work being done. China is fast becoming a white collar society, surrendering much manufacturing capacity that does not serve their global ambitions. They are extremely strategic in their goals, and in their execution. They are patiently amassing resources, spreading influence, and undermining those whose views they oppose . . . chiefly the United States of America. Ignore their long, slow, methodical march at your peril.[/QUOTE]
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Do you think the price of gold will ever reach down to 1100-1300 USD?
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