Submitted by DeepCaster:
“Can’t debate, so they changed the job numbers.” -Jack Welch, former General Electric CEO
Jack Welch’s Intuition – that the Official Numbers from the Bureau of Labor Statistics are Bogus — is correct. The Real U.S. Unemployment Rate is 22.8%. But of equal importance is Welch’s focus on the importance of having reliable numbers as the basis for making sound Business Decisions (and Investment Decisions, we add) in order to protect Wealth and Profit. So we lay out here certain critically important Numbers, and indicate resultant Profit Potential.
Consider, for example, Key Numbers which will help determine the future Gold Price. In the first two months of Last Year, Chinese Gold Imports from Hong Kong were about 11,000 kilograms. This year, for the same period Imports were 72,000 kilograms for the same period, about a 650% Increase.
Yet China is now the largest Gold producer on the Earth.
Conclusion: China is Hoarding Gold.