Friday 4 March 2011

China GOT GOLD GAME, Long time

Max Keiser:
"The game theory article is great because it points out that China does not need to amass a gold stock similar to the US, it can simply go to a gold standard now and effect a simultaneous devaluation against the dollar (as game theory dictates that the US and all other CB’s would be forced to follow China’s lead, or risk losing all their capital as investors buy the only gold backed currency in the world)."

I'll get the link soon

Big games are afoot in international finance.