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<p>[QUOTE=&quot;Otter, post: 735611, member: 3464&quot;]There is always a lesson, the question is what?&nbsp; I doubt that any country including ours has the experience with a global economic crisis.&nbsp; Gold has always been, and likely will be for the forseeable future, a comforting asset to which people will go to in the times of insecurity. </p><p><br /></p><p>While we may or many not disagree, I do believe that Asia has their sites set on displacing the US in its current role of the &quot;center of the financial world&quot;.&nbsp; Students work harder, study harder, and &quot;want it more&quot; than the &quot;lost generation&quot; of 18-25 year olds.</p><p><br /></p><p>Economists like the weak dollar, as long as its in &quot;an orderly fashion&quot;...reminds me of the frog and the boiling water parable. Convert $$ to gold which is probably the 2nd most (?) accepted form of payment over dollars and it becomes relative subtle to sell gold to get Yuans without the alarm a direct currency transaction would generate.</p><p><br /></p><p>One of the key points in your comment is that Asian countries have been around for 1000s of years....they think long term, we think long-term is year over year -- I laugh everytime someone on CNBC says well profits are up compared to this quarter last year -- yeah, this quarter last year most people thought the end of the world was coming...big surprise..</p><p><br /></p><p>Sorry for the rant, but yes...there is lots we can learn from asian culture...we better start soon![/QUOTE]</p><p><br /></p>

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