Jim Letourneau's Blog

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Copper Standard?

China is keeping it real by acquiring hard assets instead of using financial engineering to manage its way through the global slowdown.

China has woken up. The West is a black hole with all this money being printed. The Chinese are buying raw materials because it is a much better way to use their $1.9 trillion of reserves. They get ten times the impact, and can cover their infrastructure for 50 years.

Bancor? Copper standard? Click here for more.