Sunday, April 11, 2010

Chinese Gold Demand


The Chinese are saving money and investing in gold. The demand is growing and China is a net importer of gold. Most of the gold to be exploited is in South Africa which is a Third World country liable to destroy the golden eggs laying goose. Gold will go up.

10 comments:

Anonymous said...

Perhaps this is the intention?

Anon.

J said...

Whose intention?

Anonymous said...

If the gold price goes up, on fears of a major producer going under,ie SA, and if this does NOT then materialize, then SA will do quite well for a while at least.

Anon.

J said...

If South Africa keeps it current regime, prosperity is guaranteed. I dont think that White people is being exterminated in South Africa. Terre-Blanche, a 69 old drunkard, was living alone in an isolated farm with Africans alone. That is inviting robbery in South AFrica, in Detroit, in New Orleans, in Amsterdam, everywhere in fact. I dont know what he was thinking where he was living and with whom. He should have known better.

Anonymous said...

You are right for now but I suggest to you again, look at Zimbabwe; visit Boer Genocide sites on the Internet; note that >3000 white farmers have already been murdered, often in the most disgusting way; and look at Malema encouraging Boers to be literally killed: and look at his recent visit to Zimbabwe where he embraced ZANU-PF and their agenda of land "reform" and nationalization of the mines. AND Zuma's inability unwillingness to rebuke him. AND all of this just before the world up; what will happen afterwards, when there is nothing to hold them back?

Your people here in Israel would not put up with that for a minute.

Anon.

Anonymous said...

"Your people here in Israel would not put up with that for a minute."

Nonsense - Palestinians have been talking about genocide against the Jews for as long as there have been Jews in the region. If Israel punished every Arab who threatened the Jews there would be millions to be punished. What Palestinian children are taught in school every day is a million times worse than what Malema has to say.

The S. A. whites were able to relinquish control because some level of trust existed (whether that trust was misplaced remains to be seen). The Israelis know that if they were to turn the reigns of power over to Hamas then blood would run in the streets tomorrow and everything they have built in the last 60 years would be smashed to bits.

Each situation has to be analyzed on its own facts - the Jews have enough troubles without being accused of being a role model for S. A. white racists.

OTOH, as for Terre Blanche's living situation, what about the Israeli settlers on some West Bank hilltop or in Hebron. Are they any crazier than he was?



K

J said...

I have seen the statistics of 3000 Boer farmers murdered in 15 years, many of them in the most savage way. I think it is terrible.

Yet it is no genocyde. The rate may be similar to deaths by road accidents, about 200 per year. We have to consider that they are living in a very poor neighborhood, with very violent neighbors, with inefficient neigborhood police. I think the crime rate in South American cities and rural areas is less sanguinary but higher. The crime rate in AFrican neighborhoods in South Africa or in DEtroit must be much higher.

I think it is problem of loss of prestige. In Nigeria ten years after independence a white boy or girl could walk everywhere and no one would touch them. The English had educated the Nigerians to respect White people and it lasted for a whole generation. I feel that once lost this respect, the situation can only deteriorate. A time is approaching that the place will become unlivable. It should be good if they can stop and reverse this process now and not later.

Anonymous said...

BTW, I also saw an article in yesterday's paper that China is now the #1 buyer of diamonds for jewelry. Every day the newspaper is filled with stories about China's economy growing in every sphere - China, China, China. For centuries the West dreamed of what it would be like if you had access to a consumer market with a BILLION people in it. You could sell them a BILLION toothbrushes, a BILLION ice cream cones, etc. But it was always a pipe dream - maybe there were a billion people but they didn't have the resources to buy anything at all, but now they do, or at least hundreds of millions (even the coastal population alone exceeds all of Europe or the US) and suddenly they are the #1 consumers of almost everything - cars, gold, diamonds, etc. (and it seems like there is lots of room for further growth as more and more of the billion enter the consumer category). On the other hand in the US I see the ghetto of Philadelphia - the people there don't work and they have no earning power - when they finish school they cannot do basic math that any Chinese 10 year old could do in his head. The housing stock is 150 years old and falling apart. If a developer wants to put up a project in China, it does not take 10 years to get planning approval. If the Chinese state wants to build a 1000 kilometer high speed railway, they enlist 100,000 workers and the railway is done in a year. How can we compete? It looks very grim.


My son is headed for the Chinese gold rush as soon as he graduates this fall . I only hope it is not just another bubble (or that if it is, he will time things in such a way as to make his fortune in the bubble and then get out in time - such things happen).

K

Anonymous said...

K

What I mean is your people would not tolerate active incitement to murderfrom within your own country.

Of course I am aware of the propaganda and hatred but I think it is not (much, or not overtly) from within Israel. Outside, of course it happens all the time; this is well known.

And, you are completely correct about what would happen if Israelis woke up one morning and decided not to defend themselves. But this is nearly the position of white South Africans, and it was entered into on the basis of trust. Old "Africa Hands" were and remain sceptical, but we can only hope for the best now. You rely on more than hope; I think the difference is to do with risk tolerance and/or degree of gullibility, but not "racism".

Anon.

Anonymous said...

No, I think the difference has to do with a rational evaluation of the risks, keeping in mind that even "rational" evaluations can turn out to be wrong. As you admit, the Israelis would be have to be nuts to put themselves at the mercy of Hamas for even one day - the pogroms would commence instantly - look at what Hamas did to its own people (the Fatah members) in Gaza - throwing them off rooftops, shooting them in hospital, etc. What they would do to the Jews would be 1000 times worse. For 16 years so far, the trust of the S. African whites has not been 100% misplaced (maybe 20% misplaced and heading upward, although if you are a dead Boer farmer then 20% or 100% is the same to you).

K